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‎ ACWA Power signs MoU for green hydrogen project in Tunisia

June 1, 2024
in Business
‎ ACWA Power signs MoU for green hydrogen project in Tunisia
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 ACWA Power signs MoU for green hydrogen project in Tunisia

ACWA Power Co. signed on May 31 a memorandum of understanding (MoU) with the Tunisian Ministry of Industry, Mines and Energy to study the implementation of a green hydrogen project to produce nearly 600,000 tons of green hydrogen annually in three phases, to be exported to the European Union (EU).

Under the MoU, ACWA Power will build, operate and maintain power generation units with a production capacity of up to 12 gigawatts (GW) from renewable energy, including storage systems and transmission lines, as well as a water desalination plant and electrolysis devices, and infrastructure projects to enable direct connection to the main pipeline.

In an emailed statement to Argaam, the utility said that the first phase will include the installation of renewable energy units with a four GW capacity of, an electrolysis capacity of two GW, in addition to battery storage facilities, to produce 200,000 tons of green hydrogen annually.

The project aims to export green hydrogen through “South 2”, a hydrogen pipeline developed as an initiative by the European Network of Transmission System Operators for Electricity (ENTSO-E). It is classified as a project of common interest by the EU. This pipeline connects Tunisia with Italy, Austria, and Germany. Tunisia’s national strategy for green hydrogen and its derivatives involves implementing an ambitious action plan to export over six million tons of green hydrogen to the EU by 2050.

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Copyright for syndicated content belongs to the linked Source : Argaam EN – https://www.argaam.com/en/article/articledetail/id/1732125

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