Indian Renewable Energy Giant ReNew Power Eyes Green Hydrogen Investment in Morocco

ReNew Power is showing interest in Morocco. Its president Sumant Sinha said in a recent interview with Bloomberg that his company plans to develop green hydrogen projects in Morocco. A second such project in North Africa for the leader in renewable energy in India.

Last year, ReNew Power signed an agreement for an $8 billion investment in green hydrogen projects in Egypt. The other stakeholders are: the General Authority of the Suez Canal Economic Zone (Scone), the Egyptian Sovereign Wealth Fund (TSFE), the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA).