Germany Advances Green Hydrogen Supply with Saudi ACWA Power Partnership
Germany’s state-owned energy firm Securing Energy for Europe (SEFE) has taken a decisive step towards bolstering its green hydrogen ambitions. On Monday, SEFE signed a memorandum of understanding with Saudi Arabia’s ACWA Power to supply Europe with an impressive 200,000 tons of green hydrogen annually, beginning in 2030. This renewable hydrogen will be produced using wind and solar power and shipped in the form of ammonia, which allows for efficient transportation and storage. The energy content of the hydrogen is projected to reach nearly 6.7 terawatt-hours.
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