\u201cThe Consortium\u201d composed of Chariot Limited, the Africa
\nfocused transitional energy company and Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, is pleased to announce that it will launch feasibility studies in order to co-develop the \u201cNour Project\u201d, a large-scale green hydrogen project to be located in Mauritania.<\/p>\n
Key features of the Partnership:
\n\u2022 Equally owned (50%\/50%) partnership between Chariot and Total Eren;
\n\u2022 The Consortium will benefit from the dedicated expertise of Total Eren\u2019s teams, holding a wide range of experience and knowledge in solar, wind, hybrid and green hydrogen projects globally;
\n\u2022 Chariot will co-lead on project development and permitting, local content, and stakeholder engagement;
\n\u2022 The Consortium will seek to progress on the in-depth feasibility study and offtake for the green hydrogen; and
\n\u2022 Chariot and Total Eren may evaluate further green hydrogen opportunities together in other African countries.<\/p>\n
Thanks to its unique solar and wind resources, Mauritania has proved to be exceptionally well-placed to implement Power-to-X solutions, providing Nour Project the possibility to produce among the most competitive green hydrogen in the world. With a potential reaching up to 10 GW of electrolysis to be installed, it could become, once fully implemented, one of the most significant green hydrogen projects in Africa.<\/p>\n
Through the Nour Project, the Consortium will contribute to a sustainable economic development in Mauritania, including potentially providing baseload power to the national grid, diversifying industrial activities, promoting job creation and developing local infrastructure. It will also be providing a cost-effective, transportable energy solution to replace CO2 emitting fuels for exportation to the European market.<\/p>\n