Queensland Hydro picks contractors for 2-GW pumped storage project
Sep 18, 2024 6:05 CESTAbu Dhabi Future Energy Company PJSC, or Masdar, has agreed to build a 1-GW wind farm with a battery storage component in Jordan and assess the potential for producing green hydrogen in the Arab Kingdom.
The UAE group has sealed a joint development agreement for the wind project and a memorandum for a feasibility study related to the green hydrogen scheme with the Jordanian Ministry of Energy and Mineral Resources. The pacts were signed during the COP28 summit ongoing in Dubai, coming on the heels of a slew of renewable energy deals in Angola, the UK, Malaysia and other Asian countries.
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Under the hydrogen initiative, Masdar aims to explore the potential for building a production plant near the Port of Aqaba for what it says will be “the most cost-competitive hydrogen.” The planned facility will use desalinated seawater and electricity from renewable energy parks.
"With substantial wind and solar resources that can be used to generate large amounts of renewable energy, and produce cost-competitive green hydrogen and green fuels, Jordan has the potential to become a global powerhouse in the green energy transition,” said Masdar’s CEO Mohamed Jameel Al Ramahi.
Masdar, which aims to produce up to one million tonnes of green hydrogen per annum globally by 2030, runs a 200-MW solar farm in Jordan together with Finnish renewables developer and fund manager Taaleri Energia. The Baynouna plant was officially opened in February.
Queensland Hydro picks contractors for 2-GW pumped storage project
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