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Executives of Acwa Power, PT Perusahaan Listrik Negara and PT Pupuk Indonesia at a signing ceremony held on the sidelines of Cop28 in Dubai

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 […]

Masdar has signed an agreement with Jordan to develop a 1GW wind project with a battery energy storage system

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 […]

Oman has signed an agreement with Port of Amsterdam, Zenith Energy Terminals and GasLog to develop a green-hydrogen corridor between Oman and the Netherlands

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. […]

An Adnoc petrol station in Abu Dhabi. The company opened 12 new service stations in the third quarter of 2023

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 […]

Neom Green Hydrogen Company received the first delivery of wind turbines last month at Neom port in northwest Saudi Arabia

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 […]

Hydrogen power: Abu Dhabi hopes that a carbon certification scheme for hydrogen it plans to lead will be adopted globally

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 […]

One of the factories in the Sokhna industrial zone, where China Energy will build a green hydrogen project

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 […]

Workers at the Barakah Nuclear Plant in Abu Dhabi. Heat from the plant is used in the electrolysis process to produce hydrogen

UAE to produce nuclear-powered pink hydrogen

The UAE is investigating the production of pink hydrogen, which is generated through electrolysis powered by nuclear energy. “We are conducting studies to produce pink hydrogen by capitalising on the heat from our nuclear plants,” said Sharif Salim Al Olama, undersecretary for energy and petroleum affairs in the energy and infrastructure ministry. The country already […]

Aramco Stellantis

Aramco and Dutch car maker make low-carbon fuel

Saudi oil major Aramco and Dutch car maker Stellantis have developed an e-fuel that will work without modifications in the engines of some 24 million vehicles already on European roads and using conventional petrol.  Recent tests showed the low-carbon fuel could reduce carbon dioxide emissions from existing internal combustion vehicles by at least 70 percent, […]

hydrogen fuel cell

UK company strikes Mideast deal for hydrogen generators

UK hydrogen fuel cell company AFC Energy has signed an agreement with a leading Saudi marketer to sell its hydrogen generators in the Middle East and Central Asia. The deal gives Saudi Arabia’s The Machinery Group (Tamgo) exclusive rights to market AFC Energy’s alternative to diesel-powered generators in 16 countries including Saudi Arabia, United Arab […]

green hydrogen oman

Oman takes green hydrogen gamble

Sometimes it takes a country. Oman is dedicating an area the size of Slovakia to solar power projects to produce green hydrogen – gas produced entirely from renewable sources. On June 1 Salim bin Nasser Al Aufi, minister of energy and minerals, signed $20 billion of contracts with partners including BP, Shell and the newly […]

Turkey's green fund will provide financing to businesses, promote investment in green technologies and diversify the financial sector Turkey green fund

QIA buys $500m stake in Adani’s green energy firm 

India’s Adani Group has raised $500 million by selling a part of its holdings in Adani Green Energy Limited to investors, including INQ Holding, a wholly owned unit of Qatar Investment Authority (QIA). The stake sale by Indian billionaire Gautam Adani aims to reduce promoter-level debt and release stock pledges.  Infinite Trade and Investment sold 42.6 million […]

Engie wind farm in Egypt

France’s Engie ramps up Middle East renewables push

French utilities firm Engie is closing in on several opportunities in the Middle East as it looks to the region to help it hit targets to double renewables generation to 80 gigawatts by 2030.   “We are trying to identify the best geographies for renewables and clearly the Middle East is one of those,” said Frédéric Claux, […]

Gulf carbon capture

Gulf must ‘bridge gap’ between oil and renewables

GCC oil producers will play a crucial role in the global transition to a lower carbon future if they can help bridge the historic disconnect between hydrocarbons and clean energy. That is according to Joseph McMonigle, secretary general of the International Energy Forum (IEF), a Riyadh-headquartered think tank. “There is growing recognition that the oil […]

Acwa Power CEO Marco Arcelli says it is the 'only company in the world that is a leader' in renewables, desalination and green hydrogen

Acwa Power bids to turbocharge Saudi’s green targets

When it comes to the green transition, Saudi Arabia has got some catching up to do. The country is targeting a 50-50 split in electricity generation between renewables and gas by 2030, but in 2021 just 0.2 percent of electricity came from renewable sources. To achieve this Vision 2030 goal, the country has tasked its […]

The deal with Acme Group boosts Oman's aim to become the Middle East's largest exporter of hydrogen

India’s Acme secures funding for Oman hydrogen project

Indian renewable energy company Acme Group has secured a loan of $490 million to finance a green hydrogen and ammonia project in Oman. The funding will come from Rec Limited, one of India’s largest green infrastructure financial institutions, and will be used for the first phase of the project. The facility will be established at […]

Suhail bin Mohammed Al Mazrouei, energy and infrastructure minister, said the hydrogen strategy would be a 'crucial tool' to help the UAE reach net zero by 2050

Green for go: UAE’s long-term plan for hydrogen

The UAE has unveiled its national hydrogen strategy as analysts predict that GCC members can play a key role as exporters. The blueprint for hydrogen is a “long-term plan to turn the UAE into a leading and reliable producer and supplier of low-carbon hydrogen by 2031”, according to Suhail bin Mohammed Al Mazrouei, minister of […]

Saudi Arabia hydrogen

PIF and Japan’s Jera explore green hydrogen projects

Saudi Arabia’s Public Investment Fund (PIF) and Japanese energy company Jera Co. have signed a memorandum of understanding (MoU) to explore the development of green hydrogen projects and derivatives.  The MoU allows the two companies to commence the necessary studies for projects in Saudi Arabia to support domestic and international markets. Jera established Jera Middle […]

Inpex Masdar Abu Dhabi

Masdar and Adnoc agree trio of green hydrogen deals

Abu Dhabi renewable energy company Masdar has agreed a deal with two Japanese energy and chemicals firms to explore production of commercial-scale polypropylene made from carbon dioxide and green hydrogen in the UAE.  Masdar has teamed up with Japan’s Mitsubishi Chemical Group Corporation and Inpex Corporation, a Japanese oil and gas company. They have signed […]