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Green energy construction projects in the Middle East and Africa
Green initiatives and renewable energy projects increase in the MENA
A green energy revolution has been sweeping through the Middle East and Africa in recent years, and green hydrogen projects are emerging as an extremely promising renewable energy resource. By harnessing green hydrogen from resources such as solar or wind power, economies in this region can take advantage of green energy production and greatly reduce their use of traditional fossil fuels. Already, a number of countries across the region have green hydrogen initiatives in place that show potential for long-term growth and success. With additional investment in green hydrogen research and development, these green energy projects could be expanded significantly over the coming years, becoming an ever more integral part of powering the region’s nations with clean energy.
“Renewable infrastructure projects already under construction with $100bn invested into 45 new hydrogen development”
To stimulate their economies and transition to clean energy sources, the Middle East and Africa have invested heavily in ambitious hydrogen production plans.
Solar power is abundant across both regions making them prime targets for harnessing this green technology to create jobs, and deploy renewable infrastructure projects like NEOM Helios and Ain Sokhna complex which are already under construction. With more than $100bn of investment into 45 new hydrogen developments projected throughout 2022 alone – these two regions will produce an astonishing 10 million tonnes per year combined when complete!
Government decision-makers, developers, investors and contractors across the Middle East & Africa are all set to benefit from a range of green and blue hydrogen projects in 2023.
These include ambitious initiatives such as NEOM Helios; Oman Acme Group’s purple hydrogen hub; OQ, ACWA Power and Air Products Salalah’s green hydrogen plant complex – plus Saudi Arabia PIF/POSCO export facility! Additionally there is UAE TAQA’s AD Ports ammonia project alongside Hyphen Namibia’s Green Hydrogen Complex –Alcazar Energy BP Global ReNew Power Alfanar Globeleq Voltalia Total Eren Ocior Energy Emirates Steel Abu Dhabi National energy Company PJSC (TAO) OPACZ Hydrogen Rise …and many more!
Through the use of green energy, people all around the world are beginning to benefit from a more sustainable and environmentally friendly lifestyle. Governments and organizations in the Middle East have also taken up initiatives that are focusing on creating more efficient and cost-effective options for producing green and blue hydrogen.
Through investments in research and development, large scale projects have started to take root in countries such as Saudi Arabia, Dubai, the United Arab Emirates and regionally. These new projects present an exciting opportunity to see widespread use of renewable energy on a global scale while helping create economic opportunities for citizens all over the world. By continuing to advance these initiatives, renewable energy sources like green energy will eventually become commonplace throughout our planet, allowing us to build a healthier future for generations to come.
Get in touch with the Onsite team to find out more on companies involved in green energy projects in the MENA
Green initiatives and renewable energy projects increase in the MENA
A green energy revolution has been sweeping through the Middle East and Africa in recent years, and green hydrogen projects are emerging as an extremely promising renewable energy resource. By harnessing green hydrogen from resources such as solar or wind power, economies in this region can take advantage of green energy production and greatly reduce their use of traditional fossil fuels. Already, a number of countries across the region have green hydrogen initiatives in place that show potential for long-term growth and success. With additional investment in green hydrogen research and development, these green energy projects could be expanded significantly over the coming years, becoming an ever more integral part of powering the region’s nations with clean energy.
Ventures Onsite is tracking these major projects and many more, if you would like to find out more on how you can subscribe to receive access to project data, please contact us.