Author: Arnes Biogradlija

Green Hydrogen H2 News

The current account deficit is clearly one of Turkey’s most pressing and urgent issues. Energy is the largest component of the current account deficit. Ankara, which has explored a variety of options to lessen energy reliance on foreign sources, has recently come to the fore with its efforts in the sector of renewable energy.

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Green Hydrogen H2 News

The Namibian government has paid 40 million euros (about 53.7 billion won) with the German government to carry out the ‘Green Hydrogen Initiative,’ a large-scale hydrogen energy development project. The two countries were said to have inked a cooperative pact.

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Green Hydrogen H2 News

Public Enterprise Minister Hisham Tawfik said in an interview that authorities are in communication with three possible partners as they look for a partner for El Nasr Automotive Manufacturing Co. on the project, which would see 2 billion pounds ($127 million) spent. Production is expected to begin in 2023, with a three-year ramp-up to 20,000 units per year.

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