Infinity Power Holding, the joint venture between Egypt’s Infinity and UAE’s Masdar along with Conjuncta GmbH, a German project developer, has 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 tons of Green Hydrogen or other renewable fuels of non-biological origins, upon completion.
The plant, which will be located near the Northeast of Nouakchott, can reach an Electrolyser capacity of up to 10GW, making it capable of producing up to 8 million tons 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 3,000 workers during construction and 1,000 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, of 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 North-West 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, the CEO, of Conjuncta GmbH, said, “We are extremely proud that we have been able to agree on this project with the Government of Mauritania. It will have a strong link to Germany both as a technology provider and a potential off-taker 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.”
