Saudi Arabia, Japan to study clean hydrogen potential

Getty Images

Within the framework of the MoU, the export of the clean hydrogen to the local and international markets will be studied

Staff Writer, Saudi Gazette

March 5, 2023

PHOTO

The Public Investment Fund (PIF) has signed a memorandum of understanding (MoU) with Japan’s Marubeni Corporation to study producing clean hydrogyn in Saudi Arabia.

Within the framework of the MoU, the export of the clean hydrogen to the local and international markets will be studied.

It is noteworthy that PIF intends to invest more than $10 million green projects by 2026, including renewable energy, clean transportation, sustainable water management.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.