Masdar and NPCC pledge to collaborate on renewables and green hydrogen
Local firms Masdar and National Petroleum Construction Company (NPCC) have signed a memorandum of understanding (MoU) to explore collaborating in offshore wind, green hydrogen and other renewable energy technologies
Local firms Masdar and National Petroleum Construction Company (NPCC) have signed a memorandum of understanding (MoU) to explore collaborating in offshore wind, green hydrogen and other renewable energy technologies.
The MoU was signed by Masdar’s CEO Jameel Al-Ramahi and Ahmed Al-Dhaheri, CEO of NPCC, at Masdar’s head office in Masdar City, Abu Dhabi.
Masdar is aiming to become a key player in the impending global hydrogen market.
Under the first phase of the planned partnership, Masdar and Hassan Allam aim to establish a green hydrogen manufacturing facility producing 100,000 tonnes of e-methanol a year for bunkering in the Suez Canal, Amr Allam, CEO, Hassan Allam Holding, revealed following the signing of the MoUs.
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