Latest news with #greenHydrogen
Yahoo
a day ago
- Business
- Yahoo
Arctech to Supply 175 MW of Solar Trackers for Landmark Green Hydrogen Project in Oman
DUQM, Oman, May 30, 2025 /PRNewswire/ -- Arctech, the global leader in solar tracking, racking, and BIPV solutions, has signed a strategic contract with ACME Cleantech Solutions Pvt. Ltd. a pure play fully integrated Renewable Energy Company in India with a diversified portfolio across solar, wind, hybrid and FDRE projects to supply 175 MWp of solar trackers for the 300 MTPD Green Ammonia Project in Duqm, Oman. The project is located near the southeastern coast of Oman, a region characterized by coastal desert conditions including sandy soils, high wind speeds (up to 55 m/s), C5-level corrosion exposure, extreme temperatures and high levels of solar radiation, with an annual average of around 5,764 KWh/m2. The area's favourable climate, with high solar insolation, has made it a prime location for utility-scale solar projects. Arctech will deploy its Signature 1P Single Axis Solar Tracking System Skyline II, engineered for harsh environments, to support the solar PV component powering one of the first large-scale green hydrogen production facilities in the region. The trackers will be delivered in phases starting from July 2025. In recent years, Oman Power and Water Procurement Company (OPWP) has introduced renewable energy initiatives such as a new Concentrated Solar Power (CSP) project in Duqm. OPWP is actively working toward a diverse energy mix, aligning with the national target of sourcing 35–39% of electricity from renewables by 2040. This new partnership reinforces Oman's long-term vision and positions the Duqm region as a central hub in the global energy transition. This milestone collaboration underscores Arctech's growing role in enabling renewable energy megaprojects worldwide. The Oman installation is a flagship initiative in industrial decarbonization—integrating solar power with next-gen hydrogen fuel technologies, setting new benchmarks in clean energy integration. Moreover, Arctech has an extensive track record of experience in numerous GW-scale large projects across the globe, which instils confidence in this partnership. "We are pleased to partner with Arctech for our 300 MTPD Green Hydrogen project in Duqm, Oman. This collaboration marks an important milestone in our green hydrogen journey, and we are confident that Arctech's advanced tracking solutions and project execution capabilities will support us in achieving optimal energy efficiency and reliability under challenging coastal and high-wind site conditions," said by Vipin Aggarwal, VP of Procurement in Green Hydrogen and International Business. View original content to download multimedia: SOURCE Arctech Solar Sign in to access your portfolio
Bloomberg
2 days ago
- Business
- Bloomberg
Saudi Utility Eyes $10 Billion of Malaysia Renewable Projects
Saudi utility Acwa Power Co. signed non-binding agreements with Malaysian firms, including to explore development of about 13 gigawatts of power generation capacity, totaling $10 billion in investments by 2040. Acwa's collaborations will include renewable energy, green hydrogen and advanced water solutions, it said in a statement. One of the world's largest private water desalination companies, Acwa signed the agreement with the Malaysian Investment Development Authority on Thursday.
Zawya
3 days ago
- Business
- Zawya
Jordan: Cabinet approves copper mining agreement, expands customs fine exemptions
AMMAN — The Cabinet on Wednesday approved a number economic and regulatory decisions during its session on Sunday, including an executive agreement for copper mining, new customs fine exemptions, and progress on green hydrogen development. During a session chaired by Prime Minister JafarHassan, the Cabinet approved a 30-year executive agreement with Wadi Araba Minerals Company for copper mining in southern Jordan. Under the deal, the company will be registered as a public shareholding entity, with a portion of its shares to be offered for public subscription. The agreement, which covers 25 square kilometers, prohibits the export of raw materials, mandating local processing to maximize national economic benefit. Government revenues will be tied to global copper prices. Copper is classified as a strategic resource in Jordan, requiring a special concession law for its exploitation. The Cabinet also expanded customs fine exemptions to include cases discovered or documented before January 1, 2025. Fines may now be waived by up to 90 per cent, up from the previous cut-off of 2022. The decision aims to support investors, traders, and citizens by closing pending customs cases and accelerating revenue collection, aligning with Jordan's broader economic modernization goals. The Cabinet granted a five-year grace period to quarry operators in the alternative Samad area (zones 1, 2, and 3) to cease operations. No new licenses will be issued in the area, and existing operators must commit to site rehabilitation. The Energy and Minerals Regulatory Commission was tasked with studying incentive options for operators who exit the area ahead of schedule. Green hydrogen The Cabinet also approved a land-use agreement with Indian company Ocior Energy to conduct feasibility studies for a green hydrogen production project. The initiative is part of Jordan's ambition to become a regional hub for green hydrogen and ammonia, with several memorandums of understanding already signed. The initiative aligns with the Economic Modernisation Vision's 2020–2030 roadmapunder the sustainable resources pillar. The Cabinet also approved recommendations to resolve 419 outstanding tax cases between taxpayers and the Income and Sales Tax Department. The move is part of efforts to ease regulatory pressure on businesses and promote sustainable growth by enabling tax settlements and reducing obstacles to expansion. The Cabinet agreed to amend financing agreements under the results-based programmefor education sector reform and approved an increase of approximately JD7 million to the Ministry of Education's 2026 budget allocation. The programme aims to improve the learning environment, boost kindergarten enrolment, modernise assessments and exams, enhance the General Secondary Education Certificate Examination (Tawjihi), expand student registration support, and establish a National Centre for Innovation in Educational Technology and Artificial Intelligence. The Cabinet approved recommendations from the Settlement and Reconciliation Committee to resolve 419 pending tax cases involving companies and individuals, under the Income and Sales Tax Laws. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Zawya
4 days ago
- Business
- Zawya
Egypt, Sweden strengthen clean energy partnership with focus on storage, grid integration
In a high-level meeting aimed at advancing energy cooperation, Egypt's Minister of Electricity and Renewable Energy, Mahmoud Esmat, received Swedish Minister for Foreign Trade and International Development Cooperation, Benjamin Dousa, at the Ministry's headquarters in the New Administrative Capital. Also in attendance were Dag Juhlin-Dannfelt, Sweden's Ambassador to Cairo; Gaber Desouky, Chairperson of the Egyptian Electricity Holding Company; Mona Rizk, Chairperson of the Egyptian Electricity Transmission Company; and senior officials from both governments, as well as representatives from joint Egyptian-Swedish renewable energy ventures. Discussions focused on strengthening bilateral collaboration across several strategic areas, including renewable electricity generation, large-scale energy storage, grid interconnection with Europe, green hydrogen production, technology innovation, and knowledge transfer. The two sides explored ways to integrate renewable energy more effectively into Egypt's national grid, enhance grid stability, and boost the efficiency of clean energy distribution. Emphasis was placed on storage solutions to optimize the use of intermittent renewable sources such as solar and wind. Key topics included wind energy, green hydrogen projects, and hydropower. The Swedish Development Finance Institute's support in funding studies related to capacity planning and the integration of renewables was also reviewed. Notably, the discussions included updates on a planned 1,000-megawatt independent battery storage system and progress on Egypt–EU electricity interconnection initiatives. The talks also highlighted ongoing projects involving Swedish firms and explored new investment opportunities, in line with Egypt's broader energy diversification strategy. Officials underscored the importance of private sector involvement and international partnerships in achieving the country's clean energy goals. Minister Esmat praised Sweden's continued support for Egypt's national energy strategy, which aims to raise the share of renewables in the energy mix to 42% by 2030 and 65% by 2040. He acknowledged the value of Swedish technical studies in supporting capacity planning and grid modernization. He emphasized that most renewable projects in Egypt are implemented by both local and international private-sector entities, including active participation from Swedish companies in solar and wind power. Esmat also reiterated Egypt's commitment to becoming a regional energy hub through cross-border electricity interconnection, enabling the export of surplus renewable energy—especially from solar and wind—to European markets. He stressed the importance of grid upgrades and increased renewable capacity in achieving this goal. Concluding the meeting, Minister Esmat reaffirmed that electricity remains a national priority, as it underpins development across all sectors. With its abundant wind and solar resources, Egypt is well-positioned to lead in clean energy. Recent legislative reforms have been enacted to attract investment and support the country's transition toward a sustainable, low-carbon future.
Associated Press
23-05-2025
- Business
- Associated Press
Brenmiller bGen(TM) Green e-Methanol Project in Spain Secures +€25 Million Funding from European Hydrogen Bank
MADRID, SPAIN / ACCESS Newswire / May 23, 2025 / Brenmiller Energy Ltd. ('Brenmiller', 'Brenmiller Energy' or the 'Company') (Nasdaq:BNRG), a leading global provider of thermal energy storage ('TES') solutions for industrial and utility customers, announced today that the European Hydrogen Bank, has granted SolWinHy Cádiz S.L. (the 'SolWinHy Project') in Arcos de la Frontera, Spain, €25 million in funding. From the total project CAPEX, €7 million are earmarked for Brenmiller's bGen™ TES. The project is slated to commence in the first quarter of 2026 when Brenmiller expects to receive a purchase order for the bGen™ andassociated services. SolWinHy is a special purpose company jointly owned by leading renewable energy developers Green Enesys Group ('Green Enesys') and Viridi RE ('Viridi') to build new green hydrogen and green e-methanol projects in Europe. Green Enesys and Viridi are Brenmiller's joint venture partners in Brenmiller Europe S.L. ('Brenmiller Europe') which currently has a growing project pipeline of commercial opportunities valued at over $200 million. 'We believe that this +€25 million project funding from the European Hydrogen Bank is a strong validation of bGen™'s critical place in Europe's clean energy ecosystem and demonstrates the value of our industry-leading TES technology globally' stated Brenmiller's Chairman and Chief Executive Officer, Avi Brenmiller. 'We've worked diligently with our partners Green Enesys and Viridi to complete the front-end engineering and design that led to the financing of the SolWinHy Project. This is a model for how we plan to roll out potentially up to $200 million worth of projects in Europe, by leveraging project financing and collaborations, as Brenmiller generates upfront and recurring revenues delivering bGen™ systems, services, and technology licensing.' José Luis Morán, Green Enesys and Viridi's Integrated Energy Solutions director added, 'Brenmiller's bGen™ is an essential part of making SolWinHy one of the EU's top green hydrogen projects and was a key component in securing this funding, without the bGen™ the project could not operate off-grid, using only renewable electricity. As a partner in Brenmiller Europe, we expect several other potential bGen™ projects to rapidly advance toward funding and implementation as the EU prioritizes achieving its clean energy goals.' Green e-methanol, a clean energy source, is produced from hydrogen that is sourced from renewable electricity and captured biogenic carbon dioxide. The SolWinHy Project is being designed to produce over 30,000 tons of green e-methanol per year and will incorporate 54 MWh of wind and 130 MWp of photovoltaic electricity production disconnected from the electrical grid, generating power exclusively from renewable energy with no impact on Spain's national grid. The SolWinHy Project is expected to integrate bGen™ thermal energy storage capabilities with a 56 MWh capacity. About SolWinHy SolWinHy Cádiz is an innovative green methanol production plant located in Arcos de la Frontera, Cádiz, Spain. As the first project in a series aimed at advancing renewable energy, this facility is set to produce 30,000 tons of E-Methanol annually. The plant is powered entirely by renewable energy, utilizing a 130 MW solar PV installation and a 54 MW wind farm. This setup allows the facility to operate independently of the national grid in island mode, ensuring that all hydrogen and methanol production is 100% renewable. An 80 MW electrolyzer generates green hydrogen, which is combined with biogenic CO2 to produce methanol. The project is situated on 463 hectares of agricultural land, secured through a 35-year lease with the option to extend for an additional five years. SolWinHy Cádiz is strategically positioned to supply green methanol to Germany, with advanced negotiations already underway with potential off-takers. For more information about the project and Brenmiller Energy's latest updates, please visit About bGen™ bGen™ ZERO is Brenmiller's TES system, which converts electricity into heat to power sustainable industrial processes at a price that is competitive with natural gas. The bGen™ ZERO charges by capturing low-cost electricity from renewables or the grid and stores it in crushed rocks. It then discharges steam, hot water, or hot air on demand according to customer requirements. The bGen™ ZERO also supports the development of utility-scale renewables by providing critical flexibility and grid-balancing capabilities. bGen™ ZERO was named among TIME's Best Inventions of 2023 in the Green Energy category and won Gold in the Energy Storage and Management category at the 2025 Edison Awards. About Brenmiller Energy Ltd. Brenmiller Energy helps energy-intensive industries and power producers end their reliance on fossil fuel boilers. Brenmiller's patented bGen™ ZERO thermal battery is a modular and scalable energy storage system that turns renewable electricity into zero-emission heat. It charges using low-cost renewable electricity and discharges a continuous supply of heat on demand and according to its customers' needs. The most experienced thermal battery developer on the market, Brenmiller operates the world's only gigafactory for thermal battery production and is trusted by leading multinational energy companies. For more information visit the Company's website at and follow the company on X and LinkedIn. Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the company is using forward-looking statements in this press release when it discusses: the SolWinHy project and its expected integration of bGen™ thermal energy storage capabilities with a 56 MWh capacity; SolWinHy Project plans to produce 6,500 tons of green hydrogen annually to generate 3',000 tons of green e-methanol using 100% renewable energy from solar and wind and sustainable water sourced from local wastewater reuse; bGen™ TES deployment scheduled to commence in Q1 2026, subject to receipt of purchase order for system and associated services;; Brenmiller Europe's growing commercial project pipeline valued at over $200 million advancing toward funding and implementation through strategic collaborations and project financing; and SolWinHy's renewable power generation designed to include 54 MW of wind and 130 MWp of photovoltaic electricity disconnected from the national grid. Without limiting the generality of the foregoing, words such as 'plan,' 'project,' 'potential,' 'seek,' 'may,' 'will,' 'expect,' 'believe,' 'anticipate,' 'intend,' 'could,' 'estimate' or 'continue' are intended to identify forward-looking statements. Readers are cautioned that certain crucial factors may affect the company's actual results and could cause such results to differ materially from any forward-looking statements that may be made in this press release. Factors that may affect the Company's results include, but are not limited to: the company's planned level of revenues and capital expenditures; risks associated with the adequacy of existing cash resources; the demand for and market acceptance of our products; impact of competitive products and prices; product development, commercialization or technological difficulties; the success or failure of negotiations; trade, legal, social and economic risks; and political, economic and military instability in the Middle East, specifically in Israel. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the company, including those set forth in the Risk Factors section of the company's Annual Report on Form 20-F for the year ended December 31, 2024 filed with the SEC on March 4, 2025, which is available on the SEC's website, The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Contact: [email protected] SOURCE: Brenmiller Energy Ltd. press release
