The companies signed an MOU for the joint development and construction of five plants for the production of green hydrogen through the electrolysis process, three of which are slated for Italy, and the other two in the Mediterranean basin.

Under the terms of the agreement, Saipem will be engaged with the engineering, procurement and construction of the plants, as part of the development and eventual implementation activities, and Alboran Hydrogen, operating in the development of renewable projects, will coordinate the technological aspects with the research institutes concerned. In addition, Alboran Hydrogen will handle all of the authorization activities for the development of the plants, and of the supply chain agreements with the research centers, bodies and universities involved.

The agreement proposes, among the various possible initiatives identified, the development and creation of a green hydrogen hub located in Puglia (Italy), through the construction of three plants in the territories of Brindisi, Taranto and Foggia with the participation of the National Energy Technology District, La Sapienza University, the Salento University and the Brindisi Research Center (Cittadella della Ricerca di Brindisi). This initiative fits within the objectives set by the National Recovery and Resilience Plan (PNRR). 

The agreement also provides for the development and the construction of two additional plants in the Mediterranean basin, specifically in Albania and Morocco. The latter will concern the production of ammonia from green hydrogen.