lans for several Middle East-based green hydrogen projects spur hopes that the region could become a pivotal player in the development of the global renewables industry.
The omens are good for the Middle East, as strength in renewables will translate into strength in green hydrogen. Last month, research carried out by Siemens identified a total of 46 potential green hydrogen projects in the Middle East and Africa, worth $92bn. These emissions-cutting schemes have seen the signing of MoUs on over $40bn-worth of projects in Egypt in the past year, and a $5bn green hydrogen project in Neom in Saudi Arabia expected to begin construction this year.
The shipping industry is keen to understand the implications of this new technology on transportation and vessel performance.
seatrade-maritime.com
