Middle East

In this mini-series, Hydrogen Economist takes a deep dive into the global H₂ value chain. Part 1 provides a forecast of global H₂ demand, as well as capital spending and active project developments.

Addressing global net zero ambitions will require a wide range of solutions from across industries, governments, and communities. The H₂ industry is emerging as an important part of the solution set, particularly in hard-to-abate industries that account for a notable percentage of global emissions.

Hysata has announced a new agreement with ACWA Power to deliver commercial scale demonstrations of its high-efficiency capillary-fed electrolysis technology (using only 41.5 kWh of electricity to produce one kilogram of H₂) in Saudi Arabia.

ACWA Power, a Saudi-listed company and the world's largest private water desalination company, a pioneer in green H₂, and a leader in energy transition, has signed a Memorandum of Understanding (MoU) with the German company SEFE Securing Energy for Europe.

ACWA Power has signed a memorandum of understanding (MoU) with Snam to explore collaboration and joint investments to establish a supply chain of green H₂ to Europe.

Sungrow Hydrogen has signed a supply agreement with ACME Group and will provide water electrolysis hydrogen (H₂) production equipment for the 320-MW green ammonia project in Oman.

Lhyfe and Masdar have signed a Memorandum of Understanding (MoU) to explore potential co-development opportunities in large-scale green H₂ production projects in Europe.

A consortium led by H2 Global Energy signed an MoU agreement with the Tunisian government to develop a groundbreaking green H₂ and green ammonia project.

The U.S. Department of Energy (DOE), Israel’s Ministry of Energy and Infrastructure (MoE), and the Israel Innovation Authority held an Executive Committee meeting on, resulting in the selection of five clean energy projects that were approved to receive $7.5 MM under the Binational Industrial Research and Development (BIRD) Energy program.