Chariot and Total Eren join forces in Mauritania. They will develop a renewable hydrogen project in the country. They launch a feasibility study for the Nour project.
Chariot and Total Eren develop renewable hydrogen
Renewable hydrogen is at the heart of a project between the two companies. A project based in Mauritania, a country with unique solar and wind resources.
In fact, Mauritania is particularly well positioned to deploy Power-to-X technologies, enabling the Nour project to produce some of the most competitive renewable hydrogen in the world.
With a potential of up to 10 GW of electrolysis, it could become one of the largest renewable hydrogen projects in Africa once implemented. Through the Nour project, Chariot and Total Eren intend to participate in the sustainable economic development of Mauritania.
This development would potentially include a supply of electricity for the national grid and diversification of industrial activities. As well as promoting job creation and developing local infrastructure.
This renewable hydrogen project will also provide a cost-effective and exportable energy solution. An export in particular to the European market, to replace CO2 emitting fuels.
Both companies will work to advance the comprehensive feasibility study and secure the purchase of renewable hydrogen.
Chariot will co-lead the development and permitting of the project, local content and stakeholder engagement. TotalEnergies, the majority shareholder of Total Eren, is already well established in Africa. This project will enable the group to increase its growth and its presence on the continent.
Moreover, Total Eren and Chariot could evaluate together renewable hydrogen opportunities in other African countries.
Two players in renewable energy
A player in green energy, including renewable hydrogen, Total Eren, founded in 2012, will put its experience to work on this project.
The company develops, finances, builds and operates renewable energy plants with a gross capacity of 3,500 MW in operation worldwide.
Thanks to partnerships with local developers, Total Eren is currently developing numerous projects in countries and regions where renewable energies represent an economically viable answer to a growing energy demand.
The target regions are Europe, Central and South Asia, Asia Pacific, Latin America and Africa.
Since December 2017, TotalEnergies, a leading player in the energy sector, has been a shareholder in Total Eren.
In addition to Mauritania, Total Eren is working on several large-scale renewable hydrogen projects around the world.
Chariot is a player in the energy transition, focusing primarily on Africa.