RIYADH: On a macro level, Egypt and the UAE agreed to establish a 10GW wind power project. Zooming in, British oil firm Shell has decided to build Europe’s largest hydrogen plant from renewable power.
Looking at the bigger picture
• Egypt and the UAE have agreed to establish a 10 GW wind farm, Ahram newspaper reported citing Electricity Minister Mohamed Shaker.
Without providing further details, Shaker added that the deal is set to be signed after the Eid Al-Adha holidays.
• The EU plans to become the top investor in the world’s tallest dam in Tajikistan, Reuters reported citing EU officials.
It is part of the strategy aimed at helping the Central Asia cut its reliance on Russian energy.
Through a micro lens:
• South Korea’s Doosan Heavy Industries and Construction will implement Saudi Aramco’s estimated $500 million Jafurah cogeneration independent steam and power plant project, according to MEED.
• British oil firm Shell has decided to build Europe’s largest plant producing hydrogen from renewable power, according to Bloomberg.
The Holland Hydrogen I will include 200 MW of electrolyzers, powered by a wind farm off the coast of the Netherlands, which is 10 times the size of the largest existing green hydrogen facility in Europe.