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The Suez Canal Economic Zone (SCZone), which will receive investments totaling more than $1 billion, is the subject of a new investment initiative being looked into by the Qatar Investment Authority.

The Netherlands has all the components needed to become the biggest green hydrogen powerhouse in Europe. Researchers from Roland Berger and Royal HaskoningDHV assert this in a collaborative research paper.

The EU initiative Global Gateway is essential to this. In order to assist these nations in facing global concerns like climate change, the EU plans to invest 300 billion euros in their infrastructure.

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.

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

The key to Russia’s competitiveness in the global hydrogen market, he said at the International Hydrogen Conference (IH2CON), is the development of technologies and collaboration, notably in partnership with partner nations.

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

French Lhyfe and Norwegian Hexagon Purus have formed a commercial partnership for the delivery of green and renewable hydrogen in Europe.

Fortescue Future Industries has made an investment in Zhero, a green hydrogen and renewable energy producer.