Following the MENA Europe Future Energy Dialogue (MEFED) conference, hosted by the Jordanian and German governments, the German Government agreed to aid the connection between hydrogen off-takers and H2-Industies.
H2-Industries projects planned in the MENA region hope to produce up to two million tonnes of green hydrogen annually by 2030 to provide Germany with a steady supply of green hydrogen.
The deal, signed by Robert Habeck, Germany’s Federal Minster for Economic Affairs and Climate Action, comes as estimates suggest Europe will need to import more than 10 million tonnes of hydrogen per year by 2030.
H2-Industries recently signed a Memorandum of Understanding (MoU) for the design, delivery and installation of hydrogen production plant on the Suez Canal, using its waste-to-hydrogen power plant concept.
Michael Stush, CEO of H2-Industries, said, “Hydrogen is expected to play a key role in the future global energy economy.
“European Governments need to understand the important contribution that waste-to-hydrogen power plants can play in a rapid and effective closing of the supply-demand gap for hydrogen, especially in the next 10 years, in addition to its environmental benefits.”
“We are extremely pleased to have support from the German Minister to connect H2-Industries with potential off-takers and are deeply impressed by Mr. Habeck’s determination and leadership in taking energy transition to a new level of urgency.”
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