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Home - Energy Storage - Mena H2 projects rise in 2024 – PV Magazine International
Energy Storage

Mena H2 projects rise in 2024 – PV Magazine International

solarenergyBy solarenergyFebruary 7, 2025No Comments3 Mins Read
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Dii Desert Energy says that hydrogen projects in the Middle East and North Africa (Mena) increased to 117 installations in 2024, with 90% classified as greenery, while plug capacity has introduced the very first spot price program for liquid green hydrogen.

February 7, 2025
Sergio Matalucci

Dii Desert Energy Said hydrogen projects in the middle and North Africa (Mena) rose from 67 to the end of 2024 by the end of 2023, with 90% classified as green. In his latest prospects, the Dubai -based think tank said The equivalent solar and wind capacity is probably 400 GW. “International decrease is still the most important focus, but the local decrease is increasing,” it explainsAdding that the “average project size is one of the largest international.”

Plug has launched the very first spot price program for liquid green hydrogen and calls it an important milestone in the industry. Every Thursday, S&P Global Platts publishes a prize for the following week based on the real -time supply and demand of Plug Power. Customers must have Spot agreements With the American company. Those who want to buy hydrogen at the published price can perform a transaction agreement to send a tanker to one of the plug factories for a filling.

Hydrofleet Said it invests nearly $ 33 million to build a hydrogen production and gas station for heavy hydrogen fuel cell cars in the US state of Georgia. The company said that the American market has more than 80,000 forklift trucks with hydrogen, 18,000 with hydrogen -powered passenger vehicles and 570 hydrogen -driven buses and heavy trucks. “Pooler is an ideal location for the Facility of Hydrofleet because of the proximity of large interstates, the port of Savannah and potential fleet customers,” said Hydrophlete CEO Scott tired.

See also  Private 660 MWh solar storage project completes financing in South Africa – SPE

Ørsted has confirmed that it has deposited its efforts for green fuels, so that the flagship of the liquid e-Fuels project has ended. “We continue to work for renewable hydrogen as an important lever for offshore wind,” the Danish company said in the adjusted business plan. “Challenging” times have pushed it to reduce its investment program of 2030 by around 25% compared to the previous plan. Hydrogen activities represented only 2% of the total Capex of 2024 of Ørsted in 2024.

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