Infinity Power and Conjuncta sign MoU with Government of Mauritania
Published by Bella Weetch,
Global Hydrogen Review,
Infinity Power Holding, the joint venture (JV) between Egypt’s Infinity and UAE’s Masdar, along with Conjuncta GmbH, a German project developer, have signed a Memorandum of Understanding (MoU) with the Government of Mauritania, represented by the Ministry of Petroleum, Mines and Energy to develop a green hydrogen plant over four phases, which is expected to produce up to 8 million t of green hydrogen or other renewable fuels of non-biological origins, upon completion.
The plant, which will be located near the northeast of Nouakchott, Mauritania, can reach electrolyser capacity of up to 10 GW, making it capable of producing up to 8 million t of green hydrogen or its equivalent in renewable fuels of non-biological origins. The green hydrogen, ammonia and/or other renewable fuels produced from the plant will be used for exports. The first phase of the plant of 400 MW is expected to be operational by 2028. The overall project will provide employment to approximately 3000 workers during construction and to 1000 workers when operational.
Speaking on this occasion, His Excellency Mr. Abdessalam MOHAMED SALEH, Minister of Petroleum, Mines and Energy, said: “Our country is determined to play a leading position on the global map of the green hydrogen economy in the coming decades. We strongly believe that the development of the green hydrogen industry in Mauritania will bring environmental, economic and social benefits to our country and the world.
I am very pleased today to have signed this MoU with the Consortium (Infinity Power & Conjuncta GmbH) which has very strong technical and financial capabilities and deep relationships allowing it to enter the European green hydrogen market, particularly in Germany”.
Speaking of the signing, Mohamed Ismail Mansour, Chairman, Infinity Power, said: “We are extremely delighted to partner with the government of Mauritania in building this green hydrogen plant, which will provide not only the northwest but the entire continent of Africa with a clean, renewable energy source that will in turn foster a cleaner, greener future for us all. We look forward to many such partnerships as we continue to drive forward a sustainable shift to renewable energy for the entire continent and its people.”
Professor Stefan Liebing, CEO, Conjuncta GmbH, said: “We are extremely proud that we have been able to agree this project with the Government of Mauritania. It will have a strong link to Germany both as a technology provider and a potential offtaker of green energy. It is by far the largest bilateral investment project ever and we look forward to making it a success story that will attract a lot more business activities between the two countries.”
Read the article online at: https://www.globalhydrogenreview.com/hydrogen/09032023/infinity-power-and-conjuncta-sign-mou-with-government-of-mauritania/
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