Middle East

Oman’s huge renewable H2 potential can bring multiple benefits

New IEA report presented to Omani Minister shows how rich renewable resources and vast land expanses could make Oman a competitive low-emissions H2 supplier by 2030.

GE Grid Solutions' substations to support green H2 plant in Saudi Arabia

Grid Solutions was awarded a contract by Larsen & Toubro to supply 380 kV T155 gas-insulated substations for the world’s largest utility-scale H2 plant to be powered entirely by renewable energy, producing green H2.

Air Products awards Envision Energy 1.67-GW wind turbine contract for NEOM Green Hydrogen

Envision Energy has signed a contract to supply 1.67-GW wind turbines for NEOM Green Hydrogen Company, the world's largest utility-scale H2 plant powered entirely by renewable energy.

John Cockerill Hydrogen, ADNOC and Strata Manufacturing to boost UAE’s H2 economy

The Ministry of Industry and Advanced Technology has facilitated a Strategic Collaboration Agreement between ADNOC, John Cockerill Hydrogen and Strata Manufacturing, aiming to manufacture electrolyzers in the UAE for local use and for export, announced at the Make it in the Emirates forum in Abu Dhabi.

NEOM Green Hydrogen Company completes $8.4-B financial close

NEOM Green Hydrogen Company announced that after signing financial documents with 23 local, regional and international banks, and investment firms, it has now achieved financial close on the world’s largest green H2 production facility at a total investment value of $8.4 B.

ACWA Power expands sustainable energy portfolio in Uzbekistan with green H2 agreements

ACWA Power has signed two significant agreements during the EBRD 2023 Annual Meeting and Business Forum in Samarkand, marking a major milestone to advance Uzbekistan’s target to decarbonize 35% of its energy sector by 2030.

ADNOC and Baker Hughes collaborate to advance H2 technology

ADNOC and Baker Hughes announced an agreement to accelerate the development and commercialization of technology solutions for green and low-carbon H2, as well as graphene.

Ohmium closes $250-MM Series C Fundraise led by TPG Rise Climate

Ohmium International announced the closing of a $250-MM Series C growth equity financing. The round was led by TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise and included participation from Hanover Technology Investment Management and existing investors Energy Transition Ventures and Fenice Investment Group.

Aramco, Baosteel and PIF to establish H2-ready direct reduced iron plant

Aramco, Baoshan Iron & Steel and the Public Investment Fund have signed a shareholders’ agreement to establish an integrated steel plate manufacturing complex in the Kingdom of Saudi Arabia.

H2Tech: Global Projects Data

Total active H2 projects have increased by nearly 100 month-over-month (March–April), according to Gulf Energy Information’s Global Energy Infrastructure (GEI) database. With nearly 50% market share, Western Europe continues to account for most H2 projects under development, followed by the Asia-Pacific region (22%) and the U.S. (13%).

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