Renewable Energy Morocco offers new incentives for green hydrogen investors Morocco has launched new incentives to attract investors in green hydrogen projects. The Rabat government has allotted 1 million hectares (almost 3,900 square miles) of land for new projects as part of its “hydrogen offer,” the office of Morocco’s prime minister, Aziz Akhannouch, said in a statement. The first phase involves making 300,000 hectares of […] March 17, 2024
Renewable Energy Neom to produce first green hydrogen this year, CEO says Saudi Arabia’s mega-city Neom is set to produce its first green hydrogen this year, a senior executive has confirmed. Wesam Alghamdi, chief executive of Neom Green Hydrogen Company (NGHC), told a conference in Dubai last week that the Hydrogen Innovation Development Centre will produce eight tonnes of green hydrogen a day on launch this year. […] March 5, 2024
Energy Hydrogen-producing nations told to put local use first Hydrogen-producing nations should put local use of the green fuel ahead of exports, a conference in Dubai has been told. Francesco La Camera, director general of the International Renewable Energy Agency (Irena), said making hydrogen a major global export commodity is only a medium to long term prospect. Instead, he said, hydrogen-producing nations should follow […] March 4, 2024
Renewable Energy Iraq plans push on solar and green hydrogen projects Iraq is planning to build solar plants and its first green hydrogen project as part of a strategy to tackle power shortages and reduce its carbon footprint. The country’s cabinet has approved a proposal to install 12 gigawatts (GW) of solar power by 2030, said a National Investment Commission representative, Rahim Al Jaafari. Projects capable […] February 22, 2024
Analysis Transport Abu Dhabi signs hydrogen transport deal with Shenzhen Abu Dhabi has signed a partnership with Shenzhen, one of the largest cities in China, to develop a green hydrogen complex to power buses and cars by 2025. The deal will look at collaboration on projects including green mobility, technology, autonomous solutions, sustainability and urban development, officials said. The agreement was signed by Mohamed Ali […] February 21, 2024
Finance Egypt’s 144 reforms propelled private sector says Madbouly The Egyptian government has implemented 144 reforms since May 2022 to support the private sector and attract foreign and local investors, according to Prime Minister Mostafa Madbouly. More than 1,000 private sector companies are participating in state-run programmes to boost the Egyptian economy and promote private sector engagement, Egypt Today newspaper reported, citing Madbouly in […] February 13, 2024
Energy Abu Dhabi and UK partner plan green hydrogen complex Abu Dhabi has linked up with Hycap, an asset manager that funds net zero projects, to develop an industrial complex for green hydrogen. The facility will include an electrolysis plant, hydrogen storage and tankers for transport. The partnership between Abu Dhabi Department of Economic Development (ADDED) and UK business Hycap hopes to attract international companies […] February 6, 2024
Trade Healthcare, hydrogen and more: Saudi-Thai deals in sight Saudi Arabia and Thailand are strengthening economic ties with prospective deals in healthcare, hydrogen and agriculture after patching up a longstanding diplomatic spat. The two nations reached a rapprochement in January 2022, more than three decades after a dispute over a 1989 jewellery heist known as the Blue Diamond Affair. “The economic opportunities from cooperation […] January 11, 2024
Opinion Renewable Energy Green hydrogen: who will buy the ‘fuel of the future’? Middle East enthusiasm is not matched by Europe and Asia January 8, 2024
Energy Oman sets up support unit for green-hydrogen developers Oman will set up a high-powered “delivery support unit” shortly to ease the logistical hurdles that global investors may face on their large-scale green hydrogen projects. The support unit is proposed to be announced by the government as early as this week, Oman Daily Observer reported, citing Mohsin Al Hadhrami, under-secretary of the Ministry of […] December 18, 2023
Renewable Energy AMEA Power plans $15bn hydrogen investment in Africa UAE renewable energy company AMEA Power is ready to develop projects worth $15 billion in Africa as it ramps up production of green hydrogen. The company, which has a clean energy pipeline of over 6 gigawatt (GW) across 20 countries, plans to develop three 1GW-scale electrolyser projects in Mauritania, Djibouti and Egypt. “We believe they […] December 13, 2023
Renewable Energy Morocco reveals strategy to speed up energy transition Morocco is accelerating plans to add 9 gigawatts to its electricity generation capacity – enough power for nearly 8 million homes – with 7GW coming from renewables. But the country will need to discover or import more gas as it bets on creating a new hydrogen economy, according to Leila Benali, its minister of energy […] December 11, 2023
Renewable Energy Oman could become world leader in geologic hydrogen Green hydrogen has made global headlines as a potential carbon-free alternative to fossil fuels, but some experts believe another, abundant source of the gas could be under our feet. It is known as geologic hydrogen. Geologic hydrogen occurs naturally in the earth’s crust and is produced when water reacts with iron-rich rocks in the subsurface. […] December 10, 2023
Renewable Energy UAE’s Masdar to develop green hydrogen in Spain Abu Dhabi Future Energy Company (Masdar) is exploring developing a green hydrogen plant in central Spain to aid in the decarbonisation of Europe’s hard-to-abate sectors. The Abu Dhabi-based renewables energy company is collaborating with Verbund Green Hydrogen on the proposed venture – in an agreement which was signed at the UN’s Climate Change Conference Cop28 […] December 8, 2023
Renewable Energy Acwa Power to develop $1bn green hydrogen project in Indonesia Saudi-listed Acwa Power will develop a $1 billion green hydrogen facility – the largest in Indonesia – that will start commercial production in 2026. The project will be codeveloped with PT Perusahaan Listrik Negara (PLN), Indonesia’s state-owned electricity provider and PT Pupuk Indonesia, a state-owned fertiliser and chemical producer. The agreement was signed on the […] December 7, 2023
Renewable Energy Masdar expands renewables footprint to Jordan and Europe UAE company Masdar has expanded its renewables footprint to Jordan, while exploring the development of a green hydrogen supply chain from Abu Dhabi to Europe. The agreements were signed on the sidelines of the Cop28 climate summit in Dubai. Masdar signed a joint development agreement with the Jordanian energy and mineral resources ministry to develop […] December 7, 2023
Renewable Energy Oman plans green-hydrogen corridor to Europe Oman’s plans to make the world’s first commercial-scale liquid hydrogen corridor are a step closer after the sultanate signed a deal with the fourth largest port in Western Europe. Oman’s Ministry of Energy and Minerals and Hydrogen Oman, better known as Hydrom, have signed an agreement with Port of Amsterdam, Zenith Energy Terminals and GasLog. […] December 5, 2023
Retail Adnoc Distribution reports 9% quarterly profit rise Adnoc Distribution’s third-quarter net profit rose 9 percent year on year, boosted by double-digit growth in fuel volumes and non-fuel business, the company said in a results announcement this week. The UAE’s largest fuel and convenience retailer, listed on the Abu Dhabi Securities Exchange, reported a net profit of AED835 million ($227 million) and a […] November 10, 2023
Energy Wind power boost for Neom’s green hydrogen site The first set of wind turbines that will power the world’s largest green hydrogen plant in Saudi Arabia have been delivered. Neom Green Hydrogen Company (NGHC) received its first delivery of wind turbines at the Port of Neom in the northwest of the kingdom last month, it was announced this week. The turbines are being […] November 8, 2023
EXCLUSIVE Renewable Energy Abu Dhabi plans hydrogen carbon certification framework Abu Dhabi plans to roll out a carbon certification framework for the hydrogen industry next year in a bid to become a leader in developing the clean fuel. The emirate plans to apply the framework to both its production and use of hydrogen, Carlos Gasco Travesedo, energy policy adviser and executive director at Abu Dhabi […] October 30, 2023
Video length: 03:41 Sustainability Your guide to Cop28: news, views and analysis from AGBI At the end of November, the world’s biggest climate change conference – the United Nations’ annual Conference of the Parties, better known as Cop28 – will begin in the UAE. More than 80,000 delegates, 5,000 journalists and 140 heads of state are expected to attend the 14-day summit at Dubai’s Expo site. The host nation, […] October 24, 2023
Energy Suez Canal Economic Zone signs $15bn energy deals Egypt’s Suez Canal Economic Zone signed a $6.75 billion deal with China Energy Engineering Corporation on Tuesday, for a green ammonia and green hydrogen project to be built in its Sokhna industrial zone. On the same day, another Chinese company, Hong Kong’s United Energy Group, signed a memorandum of understanding for a potassium chloride production […] October 17, 2023
