In order to jointly develop the “Nour Project,” a sizable green hydrogen project to be located in Mauritania, “The Consortium,” made up of Chariot, the Africa-focused transitional energy company, and Total Eren, a leading Paris-based renewable energy Independent Power Producer (IPP), announced that it will begin feasibility studies.
Mauritania has proven to be particularly well-positioned to adopt Power-to-X solutions with its unique solar and wind resources, giving Nour Project the chance to manufacture some of the most cost-effective green hydrogen in the whole globe. It has the potential to be one of the most major green hydrogen projects in Africa, with the ability to deploy up to 10 GW of electrolysis.
Through the Nour Project, the Consortium will support Mauritania’s sustainable economic growth, possibly by supplying baseload electricity to the country’s grid and diversifying the country’s industrial base.
activities, encouraging the development of the local infrastructure, and employment generation. Additionally, it will offer a cheap, portable energy alternative to CO2 producing fuels for export to the European market.
Fabienne Demol, Executive Vice-President & Global Head of Business Development of Total Eren, stated: “We believe that green hydrogen is going to be an essential part of the energy mix in the future, and we are delighted to enter into this new partnership on a continent where our strategic shareholder, TotalEnergies, holds a strong footprint.”
For the purposes of Article 7 of EU Regulation 596/2014, as preserved in the UK under S3 of the European Union (Withdrawal) Act 2018, this statement contains inside information.