HydroJeel awarded €30 million from PtX Development Fund to accelerate green ammonia production at Jorf Hydrogen Platform.
Casablanca, 12/02/2025 – HydroJeel, a business of INNOVX, has been awarded a €30 million grant from the Power-to-X (PtX) Development Fund, an initiative of the German Federal Ministry for Economic Cooperation and Development (BMZ), managed by KGAL Investment Management on behalf of KfW, to advance the Jorf Hydrogen Platform.
The grant agreement with HydroJeel was officially signed on 12th February, 2025 by Mr. Amine Houssaim, CEO of HydroJeel and Mr. Thomas Engelmann, Managing Director of PtX Development Fund, in the presence of His Excellency Mr. Robert DÖLGER, Ambassador of the Federal Republic of Germany to Morocco and Ms Janne RAJPAR, Director of KfW Morocco.
The PtX Development Fund, endowed with €270 million, is part of KfW’s PtX Platform, which promotes hydrogen projects in the Global South to accelerate industrial decarbonization and support the development of low-carbon value chains.
The grant agreement followed a rigorous selection process in which 98 expressions of interest from seven eligible countries were evaluated. Jorf Hydrogen Platform is the second project selected under the PtX Development Fund’s first call for proposals, highlighting its strategic role in scaling industrial green hydrogen production.
A key player in INNOVX’s energy portfolio, HydroJeel leads the Green Hydrogen & Green Ammonia Program. Its mission is to produce green hydrogen, green ammonia, and derivatives at scale, catering to OCP Group’s needs for sustainable plant nutrition solutions while also supplying international markets with competitive low-carbon products essential for the energy transition. Beyond production, HydroJeel is committed to industrial innovation and positions itself at the forefront of hydrogen solutions, with a clear ambition to develop a dynamic industrial ecosystem.
Jorf Hydrogen Platform: a flagship project for green ammonia production
Developed by HydroJeel on behalf of OCP Group, the Jorf Hydrogen Platform aims to produce 100,000 tons of green ammonia annually by the end of 2026. As a cornerstone of OCP Group’s broader Green Ammonia Program, the platform will help scale production to 1 million tons by 2027 and 3 million tons by 2032, accelerating the transition to low-carbon fertilizer solutions.
Ammonia is a critical component of global food production, yet its conventional manufacturing process is highly carbon-intensive. The Jorf Hydrogen Platform directly addresses this challenge by harnessing green hydrogen to establish a low-carbon fertilizer supply chain, reinforcing OCP Group’s commitment to sustainable agriculture and industrial decarbonization. By leveraging abundant renewable resources, UM6P’s cutting-edge R&D capabilities, and OCP Group’s strong production expertise, HydroJeel is laying the foundation for large-scale, cost-competitive green hydrogen production through this flagship project.
Tangible climate and economic impact
Beyond its contribution to the decarbonization of fertilizer production, Jorf Hydrogen Platform is expected to :
- Reduce approximately 300,000 teq of CO₂ emissions ;
- Create skilled jobs and develop expertise in green hydrogen and ammonia production ;
- Establish technological partnerships with international providers, local research and education institutions ;
“This grant is a recognition of Hydrojeel’s expertise in green hydrogen solutions and a significant step forward in our journey. The Jorf Hydrogen Platform project reflects our commitment to driving sustainable energy practices while positioning Morocco as a regional leader in green hydrogen solutions, powering industries and playing an active role in the energy transition.” said Amine Houssaim - CEO of HydroJeel and INNOVX
“The Jorf Hydrogen Platform project impresses with a solid concept from an innovative project developer. HydroJeel has planned using state-of-the-art methods and all the risks – from development to offtake – have been considerably minimised.” explained Thomas Engelmann - Managing Director of the PtX Development Fund and Head of Energy Transition at KGAL.
“The HydroJeel team prioritized the social and environmental impact of Jorf Hydrogen Platform and this convinced us that it was the right project to support.” added Florian Ziegler - KfW Principal Portfolio Manager
PtX Development Fund: supporting global energy transition
Jorf Hydrogen Platform exemplifies the objectives of the PtX Development Fund, reducing greenhouse gas (GHG) emissions and transitioning to clean energy production, contributing to the achievement of ambitious national and international climate goals. It will also improve cost structures and resilience by reducing Morocco’s dependence on fossil energy vectors.
Morocco among the selected countries as eligible for the PtX Development Fund
Morocco was selected for the PtX grant due to its ideal geographical conditions for renewable energy, its potential for green hydrogen production, and its ambitious and transparent economic strategies for hydrogen. The country offers significant opportunities for establishing green economic sectors and promoting local value creation. Additionally, existing priorities of German cooperation align well with Morocco’s goals, creating synergies and complementary opportunities.
This grant marks a significant milestone in the scale-up of industrial green hydrogen production, positioning the Jorf Hydrogen Platform as a benchmark for sustainable ammonia production.
By mobilizing global expertise and strategic funding, HydroJeel and the PtX Development Fund are accelerating the shift toward clean energy-driven industrial ecosystems, contributing to Morocco’s transition toward a more sustainable energy future.
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ABOUT HYDROJEEL
Hydrojeel, a business of INNOVX, develops green hydrogen and green ammonia solutions and builds integrated production ecosystems that support industrial decarbonization.
Focused on scalable and commercially viable technologies, HydroJeel develops, deploys, and scales tailored energy solutions to meet industrial needs, reinforcing its role as a key enabler of sustainable transformation.
Its flagship project, the Jorf Hydrogen Platform, is a green ammonia production hub designed to reduce reliance on fossil-based imports and accelerate the shift toward renewable energy-based industrial processes. By leveraging cutting-edge electrolysis and renewable integration, HydroJeel plays a key role in shaping the future of low-carbon industrial energy.
ABOUT INNOVX
INNOVX is dedicated to building high-performing businesses, investing in strategic ventures, and developing industrial ecosystems that drive sustainable growth and technological advancement in Morocco, Africa, and beyond.
With a focus on agriculture & water, energy, and chemicals, INNOVX creates and scales businesses that accelerate industrial transformation, invests in startups and specialized funds through equity stakes and acquisitions, and strengthens industrial ecosystems to foster innovation and long-term impact.
By pioneering the next industries, INNOVX plays a key role in shaping the future of sustainable and technology-driven industrial development.
For more information, visit innovx.ma
Contact: communication@innovx.ma
ABOUT KFW PtX PLATFORM
The German government and KfW Group have pooled promotional and financing instruments on the PtX Platform. Funding is provided for projects along the entire PtX value chain. The aim is to close existing financing gaps by promoting capital-intensive PtX projects that are not yet bankable, especially in developing and emerging economies. The coordination all takes place under one roof: KfW advises, puts together financing packages and accompanies the project implementation. At the heart of the platform lies the PtX Development Fund of the Federal Ministry for Economic Cooperation and Development (BMZ) whose aim is to support the establishment of local value chains and the use of hydrogen and its derivatives in targeted countries, paving the way for a more sustainable future. Thus, the fund contributes to the social, environmental and economic transformation of these countries as part of a “just transition”.
KfW PtX Platform: https://www.kfw-entwicklungsbank.de/Our-topics/PtX/PtX-platform/
PtX Development Fund: https://www.ptx-fund.com/