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Monday Blitz News

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.

Economic Council, wants the energy transition to move more quickly.

US Department of Energy is planning to distribute $7 billion under last year’s bipartisan infrastructure program, which may support around 10 regional clean hydrogen centers.

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

Together with other collaborators, including 7th Generation Advisors, Accenture, Energy Independence Now, and Momentum, AltaSea conducted the study and wrote the white paper.

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.

Green hydrogen is a crucial component in the European Union’s plan to achieve carbon neutrality by the year 2050.