Author: Arnes Biogradlija

Fotowatio Renewable Ventures (FRV), a subsidiary of Abdul Latif Jameel Energy and a global leader in renewable energy with operations on five continents, will participate in a project launched by the Professional Taxi Federation of Madrid to gradually replace at least 1,000 traditional taxis with green hydrogen-powered vehicles by 2026. The plan, which intends to gradually decarbonize urban public transportation, will cost more than €100 million and will enable the first hydrogen vehicles to enter service by 2022. The initiative’s ‘Taxi-as-a-Service’ (TaaS) business model will enable drivers to use hydrogen-electric vehicles at a lower cost than previous technologies without incurring…

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GCC countries have the potential to be one of the most competitive locations in the world for producing and exporting green hydrogen and derivatives such as green ammonia or power fuels, owing to their unique natural resources (solar and wind), abundant space, and world-class infrastructure and expertise. The GCC region’s low-cost solar and wind energy make it one of the most competitive regions in the world for hydrogen manufacturing. In Saudi Arabia, a recent tender was awarded at a price of USD 0.0104/kWh. Profiting from the oil and gas economy, substantial funding is accessible through governmental funds and international investors.…

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