Masdar has set its sights on the burgeoning green hydrogen market, signing a joint development agreement with the Jordanian Ministry of Energy and Mineral Resources.
The collaboration aims to explore the feasibility of establishing a green hydrogen plant near the Port of Aqaba, aligning with Masdar’s ambitious target to achieve 1 million tonnes of green hydrogen production by 2030.
Masdar’s venture into green hydrogen production reflects a broader commitment to sustainable energy practices. The goal of reaching 1 million tonnes of green hydrogen production by 2030 underscores the company’s determination to play a pivotal role in the global energy transition.
The feasibility study will assess the potential for establishing a green hydrogen project near the Port of Aqaba, leveraging desalinated seawater and dedicated renewable power sources. This strategic use of technology aligns with Masdar’s expertise in clean energy projects and its focus on utilizing abundant renewable resources.
Jordan, with its substantial wind and solar resources, has the potential to emerge as a global powerhouse in the green energy transition. The partnership between Masdar and the Jordanian Ministry of Energy and Mineral Resources signifies a concerted effort to tap into this potential, providing high-quality, cost-competitive green hydrogen fuel.