Page 10 - AfrElec Week 39 2021

AfrElec HYDROGEN AfrElec

Chariot signs MoU on green

hydrogen project in Mauritania

MAURATANIA UK-BASED Chariot said earlier this week that “become one of the world’s main producers and
it had signed a memorandum of understanding exporters of green hydrogen and its derivative
(MoU) with Mauritania’s Ministry of Petroleum, products, close to potential large European mar-
Mines and Energy on a proposed green hydro- kets,” it said.
gen project. Minister of Petroleum, Mines and Energy
In a statement, the company said that the Abdessalam Ould Mohamed Saleh made similar
MoU provided for the parties to work together points, saying: “Developing Mauritania’s green
on Project Nour, which envisions the use of up hydrogen industry promises to bring a combi-
to 10 GW in solar and wind generating capacity nation of environmental, economic and social
to power electrolysis plants capable of turning benefits to our country. We have the potential
out large quantities of green hydrogen. One of and desire to be a world leader in the field of
Chariot’s first contributions will be to charge hydrogen production from renewable energy
its in-house team, which has extensive experi- sources. The ministry is pleased to have signed
ence in launching renewable energy schemes in this agreement with Chariot and hopes for a long
Africa, with assessing the wind and solar poten- and rewarding partnership.”
tial of the offshore and onshore areas set aside for For his part, Chariot’s acting CEO Adonis
Project Nour, it noted. Pouroulis commented: “I am very excited by
The company will also prepare to conduct today’s announcement of this agreement with
studies on the economic, environmental and the goal of quickly realising the potential of
social impact of the project, the statement added. green hydrogen. In Mauritania, Chariot has a
It further indicated that the Ministry of Petro- history of previous significant investments and
leum, Mines and Energy had set aside three bringing in world-class partners to projects, and
tracts of land covering a total of about 14,400 we are looking forward to working with the gov-
square km for Project Nour. The ministry will ernment of Mauritania again to fast-track Pro-
work with Chariot to attract investors and form ject Nour. This is a potential large new market,
a “world-class consortium” for this endeavour, set to bring multiple benefits to all parties and
which has the potential to turn Mauritania into a deliver positive impact to Mauritania. We thank
major producer of green hydrogen, it said. the government of Mauritania for the opportu-
This initiative is designed to help Mauritania nity to partner with them on what we believe will
use its “world-class” wind and solar resources to be one of Africa’s largest projects of its kind and
become Africa’s lowest-cost producer of green look forward to providing updates regarding the
hydrogen, Chariot stated. The country could near-term pre-feasibility study and beyond.”™

P10 www. NEWSBASE .com Week 39 30•September•2021