German project developer Conjuncta on Wednesday said it signed a memorandum of understanding with Mauritania, Egypt’s energy provider Infinity and the United Arab Emirates’ Masdar for a $34 billion green hydrogen project in the West African country.

The project will have a production capacity of up to 8 million tonnes of green hydrogen or other hydrogen-based end products annually, with an electrolyser capacity of up to 10 gigawatts, the company said in a joint statement with the firms involved and the Mauritanian government.