Fusion Fuel Green PLC announced that Aziz Rabbah, the Moroccan Minister of Energy, Mines and Environment, unveiled the HEVO Ammonia Morocco project at an event in Rabat, Morocco. The project is Morocco’s largest announced green hydrogen and green ammonia project to date, with an estimated total investment value of more than 7.5B dirham (~850M USD). It is anticipated that the project would be jointly developed by Fusion Fuel and Consolidated Contractors Group S.A.L. (“CCC”), a global construction company that offers a full suite of services across the entire EPC value chain. In addition, Vitol, one of the world’s leading energy and commodities companies, would manage the offtake of the green ammonia. Development of the first phase of the project is expected to begin in 2022 following the completion of a feasibility study. When fully commissioned, the project is expected to produce 183,000 tons of green ammonia and abate 280,000 tons of CO2 annually. Fusion Fuel expects to supply the technology to produce the 31,000 tons of green hydrogen needed annually for the project. Fusion Fuel has created a revolutionary off-grid solar-to-hydrogen generator, called the HEVO SOLAR, that allows it to produce emissions-free hydrogen at highly competitive costs in regions with strong solar irradiation. CCC would serve as the general construction partner for the project – since its formation in 1952, CCC has become one of the leading international contractors with a worldwide turnover of over USD 4 Billion and over 60,000 personnel across 80 different countries. Vitol, with a commitment to support the transition to cleaner fuels, is ideally positioned to locate the best available market for the green ammonia, through its large network of buyers and logistics experience.