Masdar has signed a joint development agreement with the Jordanian Ministry of Energy and Mineral Resources to develop a 1 GW wind project with a battery energy storage system, and a memorandum to explore the feasibility of establishing a green hydrogen plant.
Masdar, Abu Dhabi Department of Energy, and the Abu Dhabi Investment Office, have formed a trilateral agreement focusing on low-carbon hydrogen production and export. The initiative aligns with the recently introduced low-carbon hydrogen policy and the UAE's goal to produce 15 million tpy by 2050 as part of its national hydrogen strategy.
Iberdrola and Masdar announce a €15 billion strategic partnership to jointly develop offshore wind and green hydrogen projects in key markets, with a focus on co-investing in the 1400 MW UK East Anglia 3 offshore wind project, demonstrating their commitment to accelerating the global energy transition.
Ignacio Galán, Chairman of Iberdrola, affirms at COP28 that tripling renewable capacity by 2030 is feasible, with 118 countries supporting the objective, emphasising the urgency of immediate action.
Masdar and EDF have entered into an agreement with the Kyrgyz Republic to explore the development of hydropower and renewable projects with a combined capacity of up to 3.6 GW, marking Masdar's first foray into hydropower.
Lhyfe plans to build one of the largest hydrogen plants in Mecklenburg-Vorpommern, Germany, wuth a targeted commissioning date of 2029, contributing to Germany’s €20 billion hydrogen network investment and supporting long-term decarbonisation goals.
Nova Innovation has won EU funding for a 4 MW tidal energy farm that will be home to the largest number of tidal turbines anywhere in the world.
ACWA Power has broken ground on the first phase of a 3000 tpy green hydrogen project in Uzbekistan.
Masdar and PwC Middle East have partnered up to present a report titled ‘Accelerating Renewable Energy Investment in West Africa.’
The European Marine Energy Centre has instigated a consultation with staff to restructure the company.
GE Vernova’s Hydro Power business has been selected by Tacoma Power to refurbish two turbine and generator units at the Cushman II hydropower plant, the US.
Eden GeoPower Inc. and ZeroGeo Energy GmbH have announced a strategy and engagement plan to deploy Eden’s rock permeability enhancement technology for geothermal heat and power and geologic hydrogen projects in Europe.
ModuSpec has announced a new contract award for rig inspection services in the Netherlands with Energie Beheer Nederland.
Lhyfe has won the call for expressions of interest of Nantes Saint-Nazaire Port (France) for the development of a green hydrogen production site to decarbonise its port ecosystem on a large scale.
Masdar and Emirates Steel Arkan have joined forces to develop the MENA region’s first green hydrogen-based project to decarbonise the UAE’s hard-to-abate steel sector.