UAE-France investment in Green hydrogen hub

UAE

as we know Hydrogen has a diverse range of applications and can be deployed in a wide range of industries that’s why UAE invests $5 billion in  Green hydrogen hub as UAE and France are cooperating to improve the Investment in green hydrogen as the initiative will amount to approximately $5 billion.

In May, a Dubai-based project described as the “first industrial scale, solar-driven green hydrogen facility in the Middle East and North Africa” was inaugurated.In a statement at the time, Siemens Energy said power for the pilot project would come from the Mohammed bin Rashid Al Maktoum Solar Park, a vast solar facility slated to have a production capacity of 5,000 megawatts by 2030.


The agreement between Engie and Masdar, announced on Friday, followed hot on the heels of news that Spanish power company Iberdrola and Sweden’s H2 Green Steel were to partner and develop a major facility that will produce green hydrogen.

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