Posted on 29 Nov 2023
Danish firm GreenGo Energy is planning to develop a 60-gigawatt green energy park in Nouakchott, the capital city of Mauritania, Kallanish learns.
Under an application submitted to the country’s ministry of petroleum, energy and mines, the so-called Megaton Moon project will establish 60 GW (190 terawatt hours) of hybrid solar and wind generation in the desert. With 35 GW of electrolysis capacity, the park will produce 4 million tonnes/year of green hydrogen. This will then allow the production of 18m t/y of green ammonia, the company said in a statement on Monday.
“The climate crisis is real. We need action immediately to reach Paris commitments and Net Zero,” says Karsten Nielsen, ceo of GreenGo. “But we also need action at scale and with impact. Megaton Moon embodies climate action with an ambition to deliver 1% of the total global green hydrogen demand by 2050 to reach Net Zero.”
GreenGo is planning to develop the megaproject – one of the world’s largest such projects –in stages, with the pilot stage anticipated to be operational in 2028. The final stage, meanwhile, is planned for 2033.
Nielsen notes that Mauritania is “ideally positioned” to be one of the world’s future green hydrogen production hubs due to its abundant solar and wind resources, coupled with large areas of suitable flat land. The coastal proximity for water and shipping, lower green hydrogen production costs, and favourable policies also make the African country a suitable choice.
“Developing a project of this magnitude requires close cooperation with the supply chain and the offtake partners,” adds Anders Heine Jensen, head of global Megaton development at GreenGo. “The projects size is set to attract the establishment of local production of PV panels, wind turbine blades and electrolysis components on which we are currently negotiating MOU’s with manufactures.”
The Danish firm aims to finance the project through a “partnership approach,” targeting partnerships with Tier-1 investors in the green energy space.
Source:Kallanish