Browsing: Middle east

Economic and Social Development Bank (BNDES) and the World Bank have inked a transformative memorandum of understanding during COP 28 in Dubai. This strategic alliance aims to propel financing mechanisms across the entire low-carbon hydrogen value chain.

Hyundai Motor Company and Bee’ah Group are set to embark on a pilot project to demonstrate the viability of hydrogen as a key player in the UAE’s transportation sector. The partnership encompasses a comprehensive trial, utilizing Hyundai’s XCIENT fuel cell truck, marking a significant stride in advancing sustainable and emission-free mobility in the region.

As the international community gathers for climate talks, a spotlight is cast on the intricate alliance between the European Union (EU), the European hydrogen lobby, and the host country of COP28, the United Arab Emirates (UAE).

ACWA Power, the world’s largest private water desalination company and a trailblazer in energy transition, has initiated the first phase of a groundbreaking 3,000-tonne-per-year green hydrogen project in Uzbekistan.

Jordan’s Minister of Energy and Mineral Resources, Saleh Kharabsheh, has inked a memorandum of understanding with Ahmad Saleh, the chairman of Mass Group Holding, paving the way for groundbreaking developments in the realm of green hydrogen.

President Shavkat Mirziyoyev has initiated the establishment of a green hydrogen production facility in Chirchik, Uzbekistan.

Vulcan Green Steel, a flagship of the Jindal Steel Group, is on the verge of rewriting the narrative in the global steel industry with its ambitious endeavor – the construction of the world’s largest green hydrogen-ready steel plant in Oman’s Special Economic Zone at Duqm (SEZAD).

Masdar and Emirates Steel Arkan are spearheading the decarbonization of the UAE’s steel sector with a pioneering green hydrogen project. Expected to be the first-of-its-kind in the Middle East and North African (MENA) region, the project is poised to revolutionize steel production, contributing significantly to global efforts in reducing carbon emissions.

Kazakhstan’s ambitious energy transition, outlined in collaboration with S&P Global, faces a complex landscape of uncertainties.

Ministry of Energy and Mineral Resources in Jordan signed four memoranda of understanding with private sector companies. These agreements mark the initiation of feasibility studies for the development of green hydrogen projects, positioning Jordan as a potential leader in the emerging green hydrogen industry.