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Thursday, 11 May 2023

Fertiglobe, Masdar, Engie are exploring a world-scale green hydrogen project in Abu Dhabi

A new green hydrogen project in the UAE? A consortium of OCI-Adnoc joint venture Fertiglobe, UAE renewables player Masdar, and French energy group Engie is considering a green hydrogen project in Abu Dhabi, Asharq Business quotes Fertiglobe CEO Ahmed El Hoshy as saying. There are ongoing studies between the consortium for the 100-200 MW facility, he said.

Busy in the run up to COP28: The new green hydrogen project falls under several projects Fertiglobe plans to launch by the end of the year, El Hoshy said. He added that his company is considering other green hydrogen and blue ammonia projects in Abu Dhabi in the coming years.

We already had a clue this was in the works: The three renewables players signed an agreement last year to study co-developing a “globally cost-competitive” 200 MW green hydrogen facility in the UAE to back the production of green ammonia. They plan to have the facility operational in 2025, with Fertiglobe serving as the sole long term off-taker.

And there’s an update on Fertiglobe’s project in Egypt: The company will reveal a full investment decision regarding its 100 MW electrolyzer plant with Norway’s Scatec, Orascom Construction, and the Sovereign Fund of Egypt (SFE) in Ain Sokhna by the end of the year, El Hoshy said. Production capacity at the facility — which began commissioning in November — could reach 90k tons of green hydrogen per year when the next phases are completed, he added.

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