GreenGo Energy is awarded green hydrogen agreement for “Megaton Moon” in Mauritania
GreenGo Energy secures first African agreement in Mauritania to develop large-scale green hydrogen project
We are thrilled to announce the signing of our first African agreement, marking a pivotal step in the company’s mission to advance the global green hydrogen economy. The agreement, signed by Mr. Mohamed Khaled, Minister of Energy and Petroleum and Karsten Nielsen, CEO of GreenGo Energy, grants GreenGo Energy access to more than 100,000 hectares of land near Nouakchott, Mauritania, to develop the transformative Megaton Moon Green Hydrogen Project.
“This is a landmark moment for GreenGo Energy and a testament to our commitment to delivering large-scale green hydrogen projects that can reshape communities and economies,” says Karsten Nielsen, CEO of GreenGo Energy. “Mauritania’s unique combination of abundant renewable resources, strategic location, and forward-thinking policies - including the enactment of Africa’s first Green Hydrogen Code - positions it as a leader in the global energy transition. With highly competitive production costs, the country offers a compelling environment for investment. We are honored to play a role in this journey.”
Signing of the agreement in Nouakchott by the Minister of Energy and Petroleum, Mr. Mohamed Khaled the CEO of GreenGo Energy, Mr. Karsten Nielsen
The Minister of Energy and Petroleum, Mr. Mohamed Khaled continues: "I am delighted to formalize this framework agreement with the Danish company GreenGo Energy. This demonstrates the private sector’s continued confidence in the development of green hydrogen projects in Mauritania, despite global uncertainties surrounding demand."
Entering the development phase
With this agreement now in place, GreenGo Energy enters the development phase of the project. During this period, we will conduct detailed site and geotechnical surveys, meteorological data collection, and undertake feasibility studies.
“The Megaton Moon Project is a game-changer, not just for Mauritania but for the entire green hydrogen sector,” Anders Heine Jensen, Head of PtX at GreenGo Energy states. “Our strategic location south of Nouakchott gives us a unique advantage - proximity to infrastructure, a stronger link to community development, and the ability to provide surplus water for green farming initiatives as well as support to the domestic industrial development such as of production of green steel. This project will bring tangible benefits to the entire region.”
A large-scale vision for transformation
The Megaton Moon Project adopts a phased approach to scalability, ensuring alignment with market demand and supply chain readiness between 2029 and 2033. Full capacity will include 6 GW of electrolysis, 6.8 GW of onshore wind, and 6.3 GWp of solar PV. Phase 1, set for completion by the end of 2029, will deploy 500 MW of electrolysis, 600 MW of onshore wind, and 600 MWp of solar PV, producing approximately 339,000 tons of green ammonia annually.
“Scaling in phases is critical in a nascent market like green hydrogen,” Anders Heine Jensen continues. “This approach allows us to adapt to supply chain challenges and evolving demand while securing offtake agreements that ensure long-term sustainability.”
Mauritania offers unique advantages for green hydrogen production:
Exceptional resources: World-class solar and wind energy potential
Strategic location: Coastal access for water desalination and export
Economic edge: Production costs up to 50% lower than Northern Europe
Favorable policies: A proven track record of attracting global energy development
Market access: Close proximity to European demand centers
Empowering Mauritania’s growth
GreenGo Energy is committed to fostering socioeconomic progress in Mauritania. This includes the development of an education and vocational training program in partnership with Zealand Business College (ZBC) in Denmark to equip the local workforce with the skills needed to support the green energy transition.
“GreenGo Energy is not just building a project; we are building a future,” emphasizes Ibrahima Diagana, Country Manager at GreenGo Energy in Mauritania. “Our work will deliver more than energy - it will provide water, low-cost green energy, jobs, and opportunities to the communities that need them most, driving long-term, sustainable development.”
Signing of the agreement in Nouakchott by the Minister of Energy and Petroleum, Mr. Mohamed Khaled and the CEO of GreenGo Energy, Mr. Karsten Nielsen
Financing and expertise
The project will be financed through GreenGo Energy’s partnership model, involving strategic and large-scale investors with a proven track record in the green energy sector. Delivered via GreenGo Energy’s 360-degree full-service platform, the project reflects the company’s long-standing expertise in executing complex, large-scale renewable energy projects.
Transforming Mauritania’s future
The vision for Megaton Moon extends far beyond energy production. By addressing chronic water, power, and resource shortages, the project will help transform Nouakchott and surrounding areas into thriving hubs of green industrial and urban development.
“This project represents a new paradigm for Mauritania—a future where abundant, low-cost green energy and water catalyze socioeconomic growth,” concludes Karsten Nielsen. “We’re proud to take this step alongside Mauritania as we work together to build a brighter, sustainable future.”
Ministry of Energy officials and GreenGo Energy team
About GreenGo Energy Group A/S:
GreenGo Energy was founded in 2011 with the vision to accelerate the conversion to renewable energy generation, by an innovative and scalable business model. GreenGo Energy’s 360-degree full services platform includes project origination, investment structuring, development, offtake, EPC management and asset management services, fully tailored and bespoke to our client’s needs and their investment profile.
GreenGo Energy has more than 35 GW of solar, wind, BESS and Megaton PtX projects in various stages of development and construction in nine U.S. states, Europe and Africa/MENA, of which more than 6 GW has been contracted through partnership framework agreements with blue chip investors in the renewable energy space.
GreenGo Energy is headquartered in Denmark, with more than 130 employees serving customers worldwide.