Author: Arnes Biogradlija

The facility will be a component of Neom, a city that was created from the ground up in the northwest desert with the goal of creating a new paradigm for sustainable living.

President Abdel Fattah El Sisi emphasized the need to continue bolstering efforts in collaboration with international expertise in green hydrogen energy generation using renewable energy.

An estimated 80 million euros will be invested in the plant, which is expected to begin producing the first systems in early 2024.

The overall objective is to rapidly increase the capacity for the secure generation of environmentally friendly hydrogen across the country.

Economic Council, wants the energy transition to move more quickly.

US Department of Energy is planning to distribute $7 billion under last year’s bipartisan infrastructure program, which may support around 10 regional clean hydrogen centers.

Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz stressed the need of bolstering oil market stability.

Together with other collaborators, including 7th Generation Advisors, Accenture, Energy Independence Now, and Momentum, AltaSea conducted the study and wrote the white paper.

The decommissioned plane will serve as the Hydrogen Aviation Lab, where future hydrogen aircraft’s ground and maintenance procedures will be tested.

Green hydrogen is a crucial component in the European Union’s plan to achieve carbon neutrality by the year 2050.