Pre-feasibility study of Project Nour in Mauritania completes
Green hydrogen is a strategic priority for Chariot and will form a substantial part of the global energy transition going forward.
The Government of Mauritania, through the Ministry of Petroleum, Mines & Energy and Chariot, the Africa-focused transitional energy group, announced that the Pre-Feasibility Study (PFS) for the large green hydrogen project “Project Nour” in Mauritania had been completed, and a Framework Agreement signed, mapping out the next phases of development.
PFS confirms that Mauritania is exceptionally well-placed for green hydrogen production due to its world-class solar and wind resources, and the project has the potential to produce some of the cheapest green hydrogen in the world.
With up to 10 GW of electrolysis installed, Project Nour could become one of the largest green hydrogen projects globally by 2030.
Mauritania has unique and complementary wind and solar conditions, underpinning attractive project economics.
Benefits from proximity to large European markets, potentially making Mauritania one of the world’s main producers and exporters of green hydrogen and its by-products. Chariot recently signed a partnership agreement with the Port of Rotterdam for sales of green hydrogen and its derivative products into Europe.
Domestic benefits for Mauritania include providing baseload power to the national grid, diversifying industrial activities (e.g., green steel), promoting job creation and developing local infrastructure with the potential to have a significant impact on GDP.
The framework agreement defines the terms and guiding principles to pave the way for the in-depth feasibility study that will be undertaken over the next 24 months.
Abdessalam Ould Mohamed Saleh, Mauritania Minister for Petroleum, Mines & Energy, said, “We are very pleased that the PFS has confirmed the world-class potential of Project Nour, both in its unique capacity to generate green hydrogen and for the broader development opportunities that it could bring to Mauritania.”
Adonis Pouroulis, Acting CEO of Chariot, said, “Project Nour has the potential to be one of the key sources of green energy of the future with the opportunity to deliver a wide range of positive impacts and we are delighted to be partnering with the Government to help realise its ambition to become a world leader in the production and export of this valuable resource.”
