Chariot signs MoU with the government of Mauritania to develop large-scale green hydrogen project, denominated as ‘Project Nour’, of up to 10GW
Project Nour has been given exclusivity over an onshore and offshore area totalling approximately 14,400 sq km to carry out pre-feasibility and feasibility studies with the intention of generating electricity from solar and wind resources to be used in electrolysis to split water to produce green hydrogen and oxygen.
Chariot will deploy its in-house team who have a track-record of successfully delivering large renewable projects in Africa to immediately commence work on assessing the wind and solar resources, environmental impact as well as macroeconomic and social impact studies.
These products have the potential to replace traditional fossil fuels in both power generation and chemical manufacturing processes, with a significant reduction in associated emissions of greenhouse gases such as carbon dioxide.
HE minister Abdessalam Ould Mohamed Saleh of Mauritania's Ministry of Petroleum, Mines and Energy, commented, “Developing Mauritania's green hydrogen industry promises to bring a combination of environmental, economic and social benefits to our country. We have the potential, and desire, to be a world leader in the field of hydrogen production from renewable energy sources. The Ministry is pleased to have signed this agreement with Chariot and hopes for a long and rewarding partnership.”
Adonis Pouroulis, acting CEO of Chariot, said, “This is a potential large new market, set to bring multiple benefits to all parties and deliver positive impact to Mauritania. We thank the government of Mauritania for the opportunity to partner with them on what we believe will be one of Africa's largest projects of its kind and look forward to providing updates regarding the near-term pre-feasibility study and beyond.”
