{"id":87343,"date":"2023-12-11T00:00:00","date_gmt":"2023-12-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/masdar-signs-spate-of-green-hydrogen-agreements-with-an-eye-on-eu-exports\/"},"modified":"2023-12-11T00:00:00","modified_gmt":"2023-12-11T00:00:00","slug":"masdar-signs-spate-of-green-hydrogen-agreements-with-an-eye-on-eu-exports","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2023\/12\/11\/masdar-signs-spate-of-green-hydrogen-agreements-with-an-eye-on-eu-exports\/","title":{"rendered":"Masdar signs spate of green hydrogen agreements with an eye on EU exports"},"content":{"rendered":"

Green hydrogen galore: <\/strong>Green hydrogen was at the top of Masdar\u2019s agenda the last few days and Amea Power entered the ring with a foray into Mauritania. Waste management has also made a splash with a spate of agreements from Bee\u2019ah and Tadweer.<\/p>\n

GREEN HYDROGEN-<\/strong><\/p>\n

Masdar and Austria\u2019s OMV partner on green hydrogen:<\/strong> Renewables developer Masdar signed on Friday a Heads of Terms agreement with Austria-based integrated oil and gas company OMV to develop a \u201clarge-scale\u201d green hydrogen plant, according to a company statement<\/a>. The location of the electrolysis facility, targeted generation capacity, and an expected timeline on the project were not disclosed, but the companies are expected to make a final investment decision on the plant in 2H 2024. The agreement follows an earlier agreement<\/a> between the two sides to explore cooperation in the green fuels and renewables sectors. <\/p>\n

Masdar partners with Dutch firms on UAE-EU hydrogen corridor:<\/strong> UAE-based renewables developer Masdar signed an agreement on Wednesday with the Port of Amsterdam and Dutch firms SkyNRG, Evos Amsterdam, and Zenith Energy to explore developing a green fuel supply chain for Europe to import hydrogen from Abu Dhabi, Wam<\/a> reported last week. The expected investment ticket for the green hydrogen corridor and when shipments are expected were not disclosed.<\/p>\n

Who\u2019s doing what:<\/strong> Zenith will work on developing a liquid hydrogen supply chain to facilitate imports, while Evos Amsterdam will manage development of a liquid organic hydrogen carrier supply network. Sustainable aviation fuel (SAF) supplier SkyNRG is establishing a network of SAF production facilities and will use the hydrogen as feedstock for its operations.<\/p>\n

And with Verbund on green hydrogen in Spain:<\/strong> Masdar and Austria's Verbund<\/a> Green Hydrogen GmbH signed an agreement to explore establishing a green hydrogen plant in Spain, according to a statement<\/a> on Thursday. The hydrogen produced will be used to decarbonize Spain or Europe\u2019s hard-to-abate sectors including steel, fertilizers, chemicals, heavy transportation, and aviation. <\/p>\n

Amea Power taps into Mauritania\u2019s renewables and green hydrogen <\/strong>sectors: <\/strong>Renewables developer Amea Power signed two MoUs with the government of Mauritania to establish a 3 GW green hydrogen plant and two renewables projects with a combined 200 MW generation capacity in the African country, according to a Mauritanian Cabinet statement<\/a>. Amea says it is looking to build a 100 MW wind farm and a 100 MW solar plant in Mauritania, both of which would be supplemented with battery energy storage systems. The timeline and expected price tags of three projects were not disclosed.<\/p>\n

RENEWABLES-<\/strong><\/p>\n

See Holding teaming up with EnerTech to set up a new green city in Kuwait: <\/strong>Kuwaiti state-owned green tech investor and developer EnerTech<\/a> signed an agreement with UAE-based sustainable architecture and investment company SEE Holding<\/a> to establish a green, renewables-powered microcity in Kuwait, according to a statement<\/a> released on Thursday. A planned 16 MW solar farm will generate 120% of the city\u2019s energy needs. The green city will have a waste-to-biogas production plant, recycle 100% of its water, and produce 50% of its own agricultural needs. The investment ticket and construction date of the project were not disclosed. <\/p>\n

ALSO- Masdar has another solar farm in the works: <\/strong>Masdar is partnering with Bee\u2019ah Group and the Sharjah Electricity, Water, and Gas Authority to convert the 68 hectare Al Sajah landfill in Sharjah into a 120 MW solar farm, according to a statement<\/a> released last week. The expected price tag and timeline of the project were not disclosed.<\/p>\n

DECARBONIZATION-<\/strong><\/p>\n

Emirates Steel Arkan, Khalifa University and Ohmium International partner on <\/strong>decarbonizing steel:<\/strong> Emirates Steel Arkan signed an agreement with Abu Dhabi\u2019s Khalifa University and US-based electrolyzer producer Ohmium International to develop a green hydrogen-focused research and development program for decarbonizing the UAE\u2019s steel industry, according to a statement<\/a> released on Friday. Emirates Steel Arkan aims to build on the research as it looks to produce Direct Reduced Iron and expand in the green steel sector. <\/p>\n

Tech research group launches blockchain carbon platform:<\/strong> The Cryptography<\/a>Research Center<\/a> (CRC) at the Technology Innovation Institute<\/a> (TII) launched a blockchain-powered carbon tracking and trading platform to facilitate international trade in carbon tokens, according to a statement<\/a> published last week. The platform is the first to implement a blockchain-enabled Proof of Concept to accurately track emissions by registering the credits from any public or private organization globally. Auditors can then certify the emissions through the different stages of capture, storage, and trading.<\/p>\n

Taqa will trial Octopus Energy\u2019s power management platform Kraken <\/strong>regionally: <\/strong>The Abu Dhabi National Energy Company (Taqa) signed an agreement with British renewables developer Octopus Energy Group to trial the latter\u2019s AI-powered energy management platform Kraken<\/a> across its UAE operations, according to a statement<\/a> published last week. A timeline for the pilot project\u2019s launch was not provided. The Kraken platform enables energy firms to create and launch eco-friendly energy solutions while also managing customer inquiries in a faster and more comprehensive manner, the company notes. Both sides are also exploring the creation of a UAE-based joint venture through which they would establish an energy tech innovation and development hub in the Emirates. <\/p>\n","protected":false},"excerpt":{"rendered":"

Masdar plans to build green hydrogen plants with Austria\u2019s OMV and Verbund, and is looking to supply UAE-produced green fuels to the EU via the Port of Amsterdam.<\/p>\n","protected":false},"author":1,"featured_media":87344,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1604],"tags":[143,7,293,171,401],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-87343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy","tag-enterpriseam-uae","tag-green-hydrogen","tag-masdar","tag-renewable-energy","wpautop","entry"],"acf":{"mongo_id":"c1d4b10f-f282-4250-ad19-d1304fc8b820","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/668.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Masdar signs spate of green hydrogen agreements with an eye on EU exports","related_issue":[87338],"teaser":"Masdar plans to build green hydrogen plants with Austria\u2019s OMV and Verbund, and is looking to supply UAE-produced green fuels to the EU via the Port of Amsterdam.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.3a86968d-3ba7-46c8-9a74-722e20c31447.mp3"},"yoast_head":"\nMasdar signs spate of green hydrogen agreements with an eye on EU exports - 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