The world’s largest green hydrogen project, a joint venture between Air Products, ACWA Power, and NEOM
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The project’s financial closing, a joint venture with NEOM Co. and American industrial gas company Air Products, is slated to take place in the first half of next year, according to ACWA’s CEO. Last month, he told Arab News that the joint venture had recruited financial company Lazard to assist on the project.
Using the existing ammonia plant of the “Okio” group in Salalah, the “SalalaH2” project aims to produce up to one thousand tons of green ammonia per day.
Hydrogen is viewed as a possible low-carbon or zero-carbon fuel that can help us move away from fossil fuels, alongside renewable sources like solar and wind.
Kajiyama also noted that Japan and the UAE have agreed to collaborate on hydrogen projects and share information on the development of hydrogen supply chains.
Dubai’s experience in transitioning to renewable and clean energy, pointing out that the Dubai Electricity and Water Authority’s total clean energy production capacity has increased to around 10%
ADNOC, with its numerous announcements relating to hydrogen and its carrier fuels, shows that progress is already being made in the UAE.
Saudi Arabia and the United Arab Emirates, OPEC’s largest and third-largest oil and gas producers, are striving to become blue hydrogen and ammonia exporters as the two Gulf governments plan to increase oil production capacity while also establishing a sustainable energy brand.
Bee’ah, the UAE’s premier integrated environmental, recycling, and waste management organization, is developing the Middle East’s first ‘waste-to-hydrogen’ plant. The…
The minister also mentioned that Masdar has begun an initiative to use solar PV (photovoltaic) to produce hydrogen and, as a first step, try to use it in some buses and passenger vehicles in Abu Dhabi.
