Amarenco MENA, which produces renewable energy projects in the Middle East and North Africa (MENA), and Hynfra have inked a framework cooperation agreement.
The strategic partnership’s goal is to develop regional infrastructure for electrolysis utilizing clean energy sources to produce hydrogen and its derivatives, particularly ammonia.
The four pillars of industrial, ammonia, municipal, and energy storage form the foundation of Hynfra’s offering. The arrangement, according to Hynfra CEO Tomoho Umeda, is a significant milestone for the company as it seeks to grow its Middle Eastern business.
The world headquarters of the renewable energy manufacturer Amarenco are located in Cork, Ireland. Throughout Europe, the Middle East, and Asia, the company finances, develops, constructs, and manages C&I and large-scale solar PV plants.