On the occasion of Chinese President Xi Jinping’s visit to the country, Chinese and Saudi businesses signed investment agreements for green hydrogen and solar energy.
Browsing: Middle east
International energy corporations have expressed a lot of interest in two green-hydrogen concessions that Oman stated will be given early in the next year and could require an investment of up to $10 billion.
By creating a new Low Carbon Solutions and International Growth vertical that will concentrate on renewable energy, clean hydrogen, and carbon capture and storage, as well as international expansion in gas, liquefied natural gas (LNG), and chemicals, Abu Dhabi National Oil Company (ADNOC) is accelerating operationalization of its board mandated low carbon growth strategy.
The Middle East and North Africa may have a role to play in supplying Germany and Europe with hydrogen and synthetic fuels made from renewable sources, according to a study by the German Aerospace Center (DLR), Wuppertal Institute and Institute for Future Energy and Material Flow Systems (IZES).
According to the Ministry of Energy and Mineral Resources of the Arab nation, Jordan and Norway have agreed to sign multiple memorandums of understanding (MoU) to strengthen their cooperation in the fields of renewable energy and green hydrogen.
UAE is positioned to take the lead and become a significant exporter of this energy carrier.
The Government of Sindh has agreed to a long lease with Oracle Energy for a period of 30 years for a land package totaling 7,000 acres in south-east Pakistan, where Oracle Energy would build its flagship Green Hydrogen Project. This announcement was made by Oracle Power.
Alfa Laval, a Swedish provider of industrial solutions, has been given a contract to provide small heat exchangers for the world’s biggest green hydrogen plant now being built in Saudi Arabia.
The deal covers green hydrogen development in Indonesia as well as the development of battery storage for renewable energy installations.
The National Hydrogen Strategy 2030 for the UAE has been commissioned by the Ministry of Energy and Infrastructure (MOEI) and will be developed by GHD Advisory and Fraunhofer Society.