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Oman To Produce 1 Million Tons Of Green Hydrogen By 2030
An entirely owned subsidiary of Energy Development Oman SAOC, (EDO) was established by Oman, Hydrom, to help it achieve its goal of becoming one of the leading green hydrogen producers worldwide. It aims to produce one million tons of hydrogen by the year 2030. Hydrom is a regulatory body under the Ministry of Energy and Minerals. Its mission includes delineating Government-owned land areas and structuring associated large-scale green hydrogen projects. They also manage the process of allocating them to developers. Hydrom facilitates the development of common infrastructure and connected industry industries and hubs in close cooperation with the Public Authority for Special Economic Zones and Free Zones (Opaz).
UAE-UK Partnership Can Unlock Potential Of Clean Hydrogen, Say Report
The United Arab Emirates and the United Kingdom have a global leadership opportunity in developing clean hydrogen, through a broad collaboration involving policy, innovation, trade, and investment, according to a new report launched. The report is a joint initiative between the World Green Economy Organization (WGEO) and Zest Associates, a UAE-based sustainability consultancy, and sponsored by HSBC. It draws on insights and studies from nearly 100 international hydrogen experts to prioritize 39 areas across policies, innovation, investment, infrastructure, supply, demand, and skills, adding substantially to the world’s body of knowledge on the subject. Initial findings were shared at the World Green Economy Summit 2022.
Masdar Acquires Arlington Energy To Advance Renewable Energy Storage Market
Masdar, one of the world’s leading renewable energy companies, announced it has acquired UK-based battery energy storage system (BESS) developer Arlington Energy. The acquisition will enable Masdar to expand its presence in the UK and European renewable energy markets and support countries’ net-zero objectives. Based in London, Arlington Energy has a proven record in developing, building, operating, and financing flexible energy solutions and has taken over 170 megawatts (MW) of assets through to operation in the past two years. Masdar’s acquisition of Arlington Energy will enable the development, construction, operational management, and financing of BESS projects under one Masdar-Arlington platform.
DEWA Extends The Deadline For Receiving EOI From International Developers To Implement The 900MW 6th Phase Of The Mohammed bin Rashid Al Maktoum Solar Park
Dubai Electricity and Water Authority (DEWA) has announced that it has extended the deadline for receiving the Expressions of Interest (EOI) from international developers to implement the 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park until 12:00 pm on Tuesday, 1 November 2022. The 6th phase, which will be based on the Independent Power Producer (IPP) model, will become operational in stages between 2025 and 2027. The Mohammed bin Rashid Al Maktoum Solar Park, implemented by DEWA using the IPP model, is the largest single-site solar park in the world, with total investments of AED 50 billion. Its total production capacity will reach 5,000 MW by 2030. The Solar Park’s current production capacity is 1,727 MW using photovoltaic solar panels. DEWA is implementing other projects at the Solar Park with a total capacity of 1,133 MW using photovoltaic solar panels and Concentrated Solar Power technologies.