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To cement Masdar as an early mover in the global hydrogen market and expand their capacity to deliver zero carbon energy solutions, they have signed two MOUs with Egyptian state-backed organisations to cooperate on the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast partnering with Egypt’s Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding Group.
The Sirb initiative, which is aligned to DEWA's own directives to harness different technologies, will now also incorporate drone technology featuring upgradable technologies, such as high-definition cameras that are equipped with night-vision and laser technologies, GPS sensors that can measure pressure, height, and magnetic fields, and use ultrasound scanning. The company has several types of drones, such as multi-rotor hydro, fixed-wing, multi-rotor, and underwater Remote Operated Vehicles (ROVs).
New York-based H2-Industries has unveiled plans to build a US$1.4bn waste-to-hydrogen plant in Oman, which would annually convert up to one million tonnes of municipal solid waste, collected from homes and businesses into 67,000 tonnes of hydrogen.
Iraq has plans to become a climate forward nation in the near future by increasing development of gas and solar power.
Dubai Electricity and Water Authority's latest project located on 10 square kilometers of the Mohammed bin Rashid Al Maktoum Solar Park. It has an accumulated capacity of 900 megawatts, and is set to supply 250,000 homes in the city with green energy.
Saudi Arabia to expand its total solar energy capacity by almost 40 gigawatts by 2025 from the current 455 megawatts through ambitious infrastructure projects. Specific development plans in the Kingdom include the NEOM smart city, which will include a US$5 billion hydrogen plant, and the Red Sea Project, which will have the capacity to generate 400 MW of solar power and will host the world’s largest off-grid energy-storage project to date.
The UK-based European Bank for Reconstruction and Development is investing US$100 million in a certified green bond issuance of US$334.5 million a press release said.
Dutch academics and the UN’s Food and Agriculture Organization have launched a vital new project that is using state-of-the-art artificial intelligence technology to improve the identification and measurement of fish species and stocks in the Nile Basin.
No matter what the world throws at it, the Middle East will continue to play an increasingly essential role in providing energy security and price stability for the world, particularly amid today’s volatile global geopolitics. But the region also has huge potential to facilitate an accelerated transition to greener energy.
Global food and beverage giant PepsiCo is committed to utilising its expertise and resources to help build a more sustainable food system and preserves the planet by cutting net-reduction of at least three million tonnes of greenhouse gases (GHG) emissions by 2030, its top official says.