Evaluation of economic viability of large-scale green hydrogen production
Chariot Limited, the Africa-focused transitional energy group (“Chariot”), Mohammed VI Polytechnic University (“UM6P”) and Oort Energy (“Oort”), collectively the “Parties”, are pleased to announce they have agreed to collaborate on green hydrogen pilot projects in Morocco. Utilising a polymer electrolyte membrane (“PEM”) electrolyser system, patented by Oort, which splits water to produce hydrogen and oxygen using renewable energy, this partnership will run initial proof of concept projects while evaluating the feasibility of the implementation of large-scale green hydrogen and ammonia production.
With Chariot’s experience in evaluating the economic viability of such projects, along with UM6P’s network and expertise in-country the partnership will concurrently develop education and capacity building around green hydrogen and ammonia production. It is intended that one of the pilot projects will be hosted at Research and Development facility in OCP Jorf Lasfar, Morocco.
“We are delighted to be partnering with Chariot and Oort on this project to implement a new technology PEM Electrolyser in UM6P Lab for Education & research and to work jointly on new projects on electrolyser technologies, exchange and transfer of information. The green hydrogen sector needs collaboration of this nature to develop education and research in this new and strategic domain for Morocco.” stated Mohamed Bousseta, Director of Innovate for Industry at UM6P
” Oort’s mission is to bring the cost of green hydrogen production down so that it becomes a widely accessible source of energy. Testing our unique electrolyser technology in this setting will be a key step in demonstrating its capabilities whilst also assessing its efficiency, durability and cost structure for implementation in large-scale projects .” said Nick van Dijk, CEO of Oort
“We are very pleased to be working alongside Oort and UM6P in evaluating the viability of another significant green hydrogen project and expanding our footprint beyond our work in Mauritania into Morocco. Chariot’sambition is to become one of the world’s leading green hydrogen producers and ensuring access to reliable, cost-efficient electrolyser capacity will be a vital part of our pathway to production. We look forward to getting started on this pilot as well as collaborating on other projects of this nature in the future.” added Adonis Pouroulis, CEO of Chariot Limited
Adonis Pouroulis, CEO
Julian Maurice-Williams, CFO
+44 (0)20 7318 0450
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