Saudi Arabia’s ACWA Power has inked memorandums of understanding (MOUs) with two prominent Chinese companies. These agreements encompass a wide spectrum of green energy initiatives, including green hydrogen and ammonia production, global renewable energy endeavors, and integrated smart energy solutions.
Owned by EDF Energy Nuclear Generation Ltd and in collaboration with Hanson UK, National Nuclear Laboratory Limited, EDF ENERGY R&D UK CENTRE LIMITED, and Asphalt Burner Services Ltd, the ‘Bay Hydrogen Hub – Hydrogen4Hanson’ project is set in Lancashire and has been awarded £6,119,361.49. This initiative aims to decarbonize the asphalt and cement production industry while pioneering nuclear-derived hydrogen production.
In a recent development, the Ministry of Energy and Minerals took part in a technical workshop titled “Methods of Underground Energy Storage” on September 13, 2023. The event, described in a statement by the Specialized Energy Platform, explored Oman’s potential in underground hydrogen storage, leveraging its geological features like salt domes and porous rock formations.
‘Element One’ project has received a substantial grant of £4,872,653 from the UK Government’s Department for Energy Security and Net Zero, signifying a profound commitment to transitioning towards cleaner energy sources in the construction industry.
During the plenary session of the European Parliament in Strasbourg, Ursula von der Leyen revealed that the EU is now attracting more investment in hydrogen energy development than both the United States and China combined.
Saudi Arabia is rapidly emerging as a global leader in the hydrogen sector, signaling a profound commitment to clean energy and sustainability. The nation’s ambitious initiatives align with the global imperative to curb carbon emissions, advance the goals of the Paris Climate Agreement, and drive the transition toward a low-carbon future.
Barbara Beltrame, the Vice President of Confindustria for internationalization, signed a Memorandum of Understanding (MoU) with ACWA Power, a prominent global company in energy production, desalinated water, and green hydrogen. ACWA Power operates across the Middle East, Europe, Central Asia, and Africa, making this agreement a crucial step in advancing sustainable energy initiatives.
Argentina has taken a significant step towards a greener, more sustainable future with the unveiling of its National Strategy for the Development of the Hydrogen Economy. This comprehensive plan, presented by the Secretariat of Strategic Affairs (SAE), outlines the nation’s roadmap for harnessing the potential of hydrogen as a clean energy source.
Mibrag, the lignite mining company, has set its sights on a green hydrogen transformation, signaling the end of lignite mining in Profen by 2035 at the latest. With ambitious plans and substantial investments, Mibrag aims to become a leading energy service provider powered by renewable energies.
