PtX Development Fund: 2nd Call
Second Call for PtX Development Fund Opens with 270 Million Euros
The German Federal Ministry for Cooperation and Development (BMZ) has launched the second call for expression of interest through its PtX Development Fund. Morocco is among seven eligible countries that can apply for non-refundable grants of up to 30 million euros per project. The fund, managed by KGAL Group with the support of GOPA intec, targets industrial-scale Power-to-X projects that use green, renewable electricity.
The funding structure offers significant flexibility for project developers. Through the Power-to-X D&G GmbH, which is integrated into KfW's financing platform, grants can be combined with other financing instruments including promotional loans and federal guarantees. The total initial funding amounts to 270 million euros, with projects required to demonstrate positive environmental impact and contribution to local value chains. Alongside Morocco, the eligible countries include Brazil, Colombia, Egypt, India, Kenya, and South Africa. All applications must comply with EU State aid rules.
The initiative represents a significant opportunity for advancing Morocco's green hydrogen strategy and industrial development. Project developers from both private sector and public-private partnerships can submit their expressions of interest through the fund's website: https://ptx-fund.com.