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Gaia Future Energy partners with French HRS

The Moroccan Gaia Future Energy and the French Hydrogen-Refueling-Solutions (HRS) have just announced their association with the aim of accelerating the development of mobility based on green hydrogen. The partners also intend to continue exploring new business opportunities in the Maghreb.

In a joint statement issued on Monday, HRS, European designer and manufacturer of hydrogen refueling stations and Gaia future Energy, the Moroccan developer of green hydrogen affiliated company of the Gaia Energy group, announced the signing of a memorandum of agreement to provide global solutions for the distribution of green hydrogen for mobility, combining green hydrogen produced by Gaia future Energy and the hydrogen refueling station of HRS. The parties also wish to reach a cross-distribution agreement, creating commercial synergies.

We are proud and happy to be able to make a significant contribution to the construction of this new model of cooperation between Morocco and Europe, in a vision of a decarbonized future where Morocco would become a strategic source of green fuel supply in European mobility, through HRS which had the courage and the strength to create this new market of the future“said Moundir Zniber, founder of Gaia future Energy.

Under the MoU, HRS and Gaia future Energy teams will collaborate to accelerate the development of green hydrogen infrastructure, particularly in European markets. The partners are particularly targeting the joint development of large-scale hydrogen mobility projects, where HRS would provide hydrogen distribution solutions supplied with green H2 produced by Gaia future Energy in Morocco.

The two new partners consider that Morocco is particularly well placed to occupy a significant share of the market for the export of renewable hydrogen to Europe. In addition, the existing infrastructures and the proximity to Southern Europe also allow easy transport to Europe.

For his part, Hassen Rachedi, Founder and CEO of HRS, said: “ We are delighted to collaborate with Gaia future Energy to accelerate the transition to cleaner and more sustainable mobility in Europe and the Maghreb. This agreement is part of the shared desire to meet the challenges of the energy transition by accelerating the development of mobility based on green hydrogen, thanks to common competitive solutions.“.

And to add: This strategic collaboration will allow us to jointly deploy large-scale green hydrogen projects, by combining the complementary know-how of our two companies. We believe green hydrogen is a key enabler of transport decarbonization, and we look forward to working with Gaia future Energy.“.

It should be recalled that Gaia Future Energy is one of the leading international green hydrogen developers in Africa, with an 80 GW pipeline of green hydrogen projects under development. As an affiliate of the Gaia Energy group, it specializes in the development and financing of large-scale hydrogen and derivatives production projects in Africa.

Gaia Future Energy aims to produce from its projects in Morocco a volume of 1 million tonnes of green hydrogen by 2030 and 3 million tonnes by 2040, intended for the European market, while offering the price the most competitive for green hydrogen in the world.



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