The first industrial license was granted to NEOM Green Hydrogen Co. at OXAGON by the Saudi Arabian Ministry of Industry and Mineral Resources, according to the Saudi Press Agency.
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Acwa Power, which is building a $5 billion green hydrogen-based ammonia production plant in Neom, Saudi Arabia, aims to “replicate” the project overseas.
According to Saudi Arabia’s energy minister, the country intends to spend more than $300 billion to produce greener electricity and extend its power grid. Prince Abdulaziz bin Salman stated during a forum hosted by Saudi Arabia’s largest oil company Aramco that the country was also aiming to become a global leader in the production of hydrogen.
The green hydrogen race continues as countries learn from the Russian invasion of Ukraine by diversifying energy sources, especially clean ones, and focusing on production costs.
The Masdar-led initiative focused on green hydrogen to produce sustainable aviation fuel (SAF) has been working actively with licensors to certify a new production pathway for sustainable aviation fuel (SAF) from methanol, according to a statement from the alliance of Masdar, TotalEnergies, Siemens Energy, and Marubeni.
At Abu Dhabi Sustainability Week (ADSW) 2023, Masdar, ADNOC, bp, Tadweer (Abu Dhabi Waste Management Company), and Etihad Airways signed a deal to perform a cooperative feasibility study on investigating the development of sustainable aviation fuel (SAF) and other goods in the UAE utilizing municipal solid waste (MSW) and renewable hydrogen.
thyssenkrupp Uhde and ADNOC have signed a memorandum of understanding (MoU) to explore a long-term collaboration to build new hydrogen markets and enhance global clean energy value chains.
To establish a green hydrogen facility and a green ammonia pilot project in the Republic of Uzbekistan, ACWA Power has signed detailed heads of terms agreements with the nation’s Ministry of Energy and Uzkimyosanoat, a state-owned chemical corporation.
In order to jointly explore the potential development of green hydrogen projects in the Middle East region to produce hydrogen for Verbund to use as a renewable energy source to Central Europe with a primary focus on Austria, ACWA Power has finalized a partnership agreement with VERBUND, Austria’s leading electricity company.
According to Suhail Al Mazrouei, the UAE’s minister of infrastructure and energy, the country will revamp its energy policy in 2023.
