Saturday, March 25 2023 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Mar 20
Week of Mar 13
Week of Mar 06
Week of Feb 27
Week of Feb 20
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    ACWA Power, Verbund to partner on green hydrogen projects

    January 18, 2023 - SeeNews Renewables


      January 18 (Renewables Now) - Saudi Arabia's ACWA Power (TADAWUL:2082) and Austrian utility Verbund AG (VIE:VER) have agreed to study the development of green hydrogen projects in the Middle East with the aim of producing and supplying the clean fuel to Austria and Central Europe.

      The two companies signed a memorandum of understanding (MoU) during the Abu Dhabi Sustainability Week (ADSW) 2023, ACWA Power said on Wednesday.

      The partnership will build on ACWA Power's green hydrogen knowledge and Verbund's hydropower expertise. ACWA Power is one of the companies behind the Neom project in the northwest of the Kingdom which will produce up to 600 tonnes of green hydrogen per day, starting in 2026.

      Verbund is also involved in a hydrogen project at home. Together with local specialty chemicals company Borealis AG, the Vienna-based utility will build a 60-MW electrolysis plant powered with green electricity. The hydrogen will be used for the production of fertilisers, melamine and technical nitrogen at the Borealis site in Linz.


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.