Browsing: Middle east

A consortium led by Posco Holdings, a prominent Korean company, has emerged victorious in a deal to build the world’s largest hydrogen plant in Duqm, Oman. The deal marks a significant win for the global hydrogen industry and a leap forward in the push for sustainable energy.

PV Hardware (PVH) and Larsen & Toubro (L&T) have inked a contract aiming to revolutionize the renewable energy sector by developing the world’s largest hydrogen plant powered entirely by renewable energy.

Abu Dhabi-based AL Fattan Holding Investment has announced a significant investment of $20 million in a green hydrogen and ammonia manufacturing business. The investment will be made in collaboration with LTechUVC, a Korean energy company, and aims to establish a 200 MW green hydrogen and ammonia production project in Abu Dhabi with a total project cost of $400 million.

Turkmenistan, known for its vast oil and gas reserves, is open to considering Hungary’s proposals for hydrogen production from natural gas. President Serdar Berdimuhamedov expressed this view during a meeting with Hungarian Prime Minister Viktor Orban in Ashgabat, according to official sources.

A consortium led by South Korean steelmaker POSCO Group has secured a $6.7 billion deal to construct the world’s largest green hydrogen plant in Duqm, a port town in central eastern Oman.

A recent report from the International Energy Agency (IEA) reveals that Oman’s abundant renewable resources and expansive land areas could make it a formidable low-emissions hydrogen supplier by 2030.

Jordan is making significant strides in promoting the development of its green hydrogen production sector with the ambitious goal of establishing itself as a regional hub. Saleh Kharabsheh, the Minister of Energy and Mineral Resources, highlighted this objective during a workshop titled “Discussing Green Hydrogen Strategy in Jordan.”

EnerTech Holding Company, a Kuwaiti state-owned clean energy investment and development firm, in collaboration with the Green Energy Oman (GEO) international consortium, has secured one of Oman’s first hydrogen blocks from Hydrom.

GE’s Grid Solutions division, a vital component of GE Vernova’s energy business portfolio, has secured a significant contract from Larsen & Toubro to provide 380 kV gas-insulated substations (GIS) for the construction of the world’s largest green hydrogen production facility.

Pakistan is set to embark on its first Green Hydrogen project in Thatta through a strategic collaboration with China. The Sindh government has issued a letter of intent, and a vast area of 7,000 acres near the Gharo Jhimpir wind corridor has been allocated for this groundbreaking initiative.