EIB and Mauritania to scale green hydrogen investments

The European Investment Bank (EIB) and Mauritania, Africa have agreed to strengthen their cooperation to scale up green hydrogen, wind and solar investment.

Revealed on Wednesday (June 22), the EIB is set to support Mauritania’s green hydrogen investment plans, in addition to scaling up wind and solar energy generation in order to reduce the impact of energy price shocks.

The Mauritanian President believes the country’s renewable energy potential can facilitate green hydrogen production, as well as provide cheaper energy across the country.

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