Author: Arnes Biogradlija

In order to speed up the development and commissioning of a portfolio of projects that already includes more than 2 GW of solar photovoltaic power plant projects, hydrogen production units, or stationary battery storage facilities, Verso Energy, founded by Xavier Catucoli and Antoine Huard, completed a fundraising of more than 50 million euros.

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Siemens’ Gipuzkoan Guascor Engines are already beginning to take off. The Gipuzkoan firm, which was acquired by the German Mutares last spring, is currently engaged in a significant initiative to create hydrogen engines that can carry out the same tasks as its propellers do today in huge cogeneration plants or ship engines, among other things.

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The company, which is entirely owned by Energy Development Oman (EDO) and is governed by the Ministry of Energy and Minerals, aims to accelerate efforts to develop Oman’s green hydrogen industry and economy and reduce carbon emissions in order to achieve net-zero carbon neutrality goals, according to Dr. Firas bin Ali Al Abdwani, acting CEO of Hydrogen Oman (Hydrome).

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Suhail Al Mazrouei, the UAE’s Minister of Energy, claimed that 11 projects totaling 159 billion dirhams have been completed by his nation as part of mega-energy projects that are environmentally benign (43.3 billion US dollars).

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