Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • TWO DAY MASTERCLASS ON: EXPLOITATION & COMMERCIALIZATION POTENTIAL OF NATURAL HYDROGEN
  • Fossil Fuel Giants Intensify Legal Battles Against Climate Policies Through ISDS System
  • Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures
  • Exide Strengthens European Footprint with High-Capacity BESS
  • UK Consortium Launches £500M Battery Storage Platform to Boost Grid Flexibility
  • Oman Positions Waste-to-Hydrogen as Cornerstone of Circular Economy Transition
  • Wärtsilä to Equip Wasaline’s Aurora Botnia with World’s Largest Marine Battery Hybrid System
  • India’s $92 Billion Bet on Green Hydrogen: Can Policy and Technology Deliver?
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Featured
Green Hydrogen H2 News

ACWA Power and VERBUND tam up on green hydrogen projects in Middle East

Anela DoksoBy Anela Dokso18/01/20232 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

In order to jointly explore the potential development of green hydrogen projects in the Middle East region to produce hydrogen for Verbund to use as a renewable energy source to Central Europe with a primary focus on Austria, ACWA Power has finalized a partnership agreement with VERBUND, Austria’s leading electricity company.

Energy sector operators all over the world are starting ambitious green hydrogen projects to fully realize their potential over the coming decades due to its favorable environmental effects and ability to decarbonize entire industrial sectors. During the ongoing Abu Dhabi Sustainability Week (ADSW) 2023, partners ACWA Power and VERBUND signed a Memorandum of Understanding (MoU) to formally start their partnership.

Green hydrogen is one of the most promising approaches to combating climate change and accelerating carbon-free strategies. With zero carbon dioxide (CO2) emissions, it is the world’s cleanest and most effective fuel. Green hydrogen is produced by electrolyzing water using only renewable energy sources.

Although the partnership between ACWA Power and VERBUND is still in its early stages, the two parties are in a good position to move the project forward swiftly, in part because of ACWA Power’s continued interest in and activities related to green hydrogen.

The first at scale green hydrogen project is being developed by the NEOM Green Hydrogen Company (NGHC), an equal joint venture between NEOM, ACWA Power, and Air Products. The project, which is expected to be finished in 2026, will generate up to 600 tonnes of carbon-free green hydrogen per day in the form of green ammonia, which will be used as an affordable worldwide transportation alternative.

By combining the technological prowess and more than 75 years of hydropower experience of VERBUND with the operations, operations, and knowledge of ACWA Power, the MoU’s goals, conditions, and aspirations will be met in the future.

Share. LinkedIn Twitter Facebook Email

Related Posts

NATURAL HYDROGEN

TWO DAY MASTERCLASS ON: EXPLOITATION & COMMERCIALIZATION POTENTIAL OF NATURAL HYDROGEN

28/08/2025
Fossil Fuel

Fossil Fuel Giants Intensify Legal Battles Against Climate Policies Through ISDS System

28/08/2025
Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures

Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures

28/08/2025
Exide Strengthens European Footprint with High-Capacity BESS

Exide Strengthens European Footprint with High-Capacity BESS

28/08/2025
Batteries Lithium

UK Consortium Launches £500M Battery Storage Platform to Boost Grid Flexibility

28/08/2025
Oman

Oman Positions Waste-to-Hydrogen as Cornerstone of Circular Economy Transition

28/08/2025
NATURAL HYDROGEN

TWO DAY MASTERCLASS ON: EXPLOITATION & COMMERCIALIZATION POTENTIAL OF NATURAL HYDROGEN

28/08/2025
Fossil Fuel

Fossil Fuel Giants Intensify Legal Battles Against Climate Policies Through ISDS System

28/08/2025
Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures

Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures

28/08/2025
Exide Strengthens European Footprint with High-Capacity BESS

Exide Strengthens European Footprint with High-Capacity BESS

28/08/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.