Masdar signs agreements for wind and potential green hydrogen plant in Jordan

The agreements with the Ministry were signed at COP28 by Masdar CEO, Mohamed Jameel Al Ramahi, and the Jordanian Minister of Energy and Mineral Re-sources, Dr Saleh Al-Kharabsheh. The signing ceremony was witnessed by UAE Minister of Industry and Advanced Technology, COP28 President and Masdar Chairman, Dr Sultan Al Jaber, and the Minister of the Environment for Jordan, Dr Muawieh Khalid Radaideh.

The study will examine the feasibility of establishing a green hydrogen project near The Port of Aqaba to produce the most cost-competitive hydrogen, utilising desalinated seawater, and dedicated renewable power.

Al Ramahi said: “With substantial wind and solar resources that can be used to generate large amounts of renewable energy and produce cost-competitive green hydrogen and green fuels, Jordan has the potential to become a global powerhouse in the green energy transition. Building on the strength of our longstanding partnership, Masdar is delighted to bring our expertise in clean energy projects and technologies to help Jordan achieve its decarbonisation plans and unlock the nation’s enormous potential.”

Al-Kharabsheh added: “The Jordanian government’s efforts continue to enhance Jordan’s role as a regional centre for green energy production and provide high-quality, cost-competitive green hydrogen fuel by taking advantage of the abundance of renewable energy sources and our nation’s strategic geographical location in the region to provide excellent access to European markets.”

Al-Kharabsheh added that Jordan valued co-operation at the regional and national level, and that the partnership with Masdar – through the signing of these agreements – will advance the Ministry’s priorities and the Economic Modernization Vision (2023 – 2033) that was recently launched by the Jordanian government. This includes investment in green hydrogen production projects, which are part of Jordan’s initiatives to transition towards the use of clean energy as it aims to achieve net zero.

Masdar already has a presence in Jordan through its Baynouna Solar Energy Company (BSCE) joint venture with Finnish investment and asset management group Taaleri, which inaugurated the 200 MW Baynouna Solar Park, the largest clean energy project in Jordan, in February 2023.

Masdar is pursuing a target of 1 million t of green hydrogen production by 2030 as part of the UAE’s plans to establish itself as a green hydrogen hub and capture 25% of the global low-carbon hydrogen market by 2030.

As the UAE’s clean energy powerhouse and one of the world’s fastest growing and leading investors in clean energy, Masdar is at the vanguard of advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges.

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