On the occasion of Chinese President Xi Jinping’s visit to the country, Chinese and Saudi businesses signed investment agreements for green hydrogen and solar energy.
International energy corporations have expressed a lot of interest in two green-hydrogen concessions that Oman stated will be given early in the next year and could require an investment of up to $10 billion.
In accordance with a memorandum of understanding they signed, BP will look into the possibility of creating a new green hydrogen production facility in Egypt.
In order to develop, finance, and run a cluster combining green hydrogen production with solar and wind power generation, Paris-based Voltalia, and its Egyptian partner TAQA Arabia, have signed a Memorandum of Understanding with the Government of Egypt.
In order to develop one of India’s largest proton exchange membrane (PEM) electrolyzers at Vijaipur, Madhya Pradesh, GAIL will use technology that will be provided by Cummins in partnership with EPC player Tecnimont (TCMPL), the Indian subsidiary of Maire Tecnimont Group.
A collaborative relationship between GKN Aerospace and IAAPS has been established to create and test cutting-edge hydrogen technology solutions for the aviation sector’s decarbonization.
Greenzo Energy will invest $50 million in Gujarat. As an angel investor, Real-Time Accelerator Fund has promised to put $1 million USD into Greenzo Energy.
Northeast Brazil’s Pecem Industry and Port Complex (CIPP) has signed a pre-contract with Brazilian developers Casa dos Ventos Energias Renovaveis and Comerc Eficiencia to create a green hydrogen and ammonia plant with up to 2.4 GW of electrolysis capacity.
