This collaboration aims to propel the establishment of large-scale green hydrogen projects on an international scale. This involves the conversion of renewable power through electrolysis into green hydrogen, subsequently branching into derivatives like green ammonia, e-methanol, sustainable aviation fuel, and liquid hydrogen. Hy24 stands as a joint venture between Ardian, Europe’s largest private investment house, and FiveT Hydrogen, a clean hydrogen investment platform. Hy24, committed to catalyzing the global hydrogen ecosystem, operates through its “Clean Hydrogen Infrastructure Fund,” targeting significant investments in hydrogen infrastructure. The joint efforts of Masdar and Hy24 signify a pivotal step toward accelerating green hydrogen initiatives on a global scale.

Source: The North Africa Journal December 18, 2023 13:19 UTC