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Masdar’s executive director for clean energy, Mohammad Abdelqadar El Ramahi, said in an interview that Germany’s Uniper SE is teaming up with Masdar, one of the Middle East’s biggest renewable-energy firms, to make green hydrogen in the United Arab Emirates. The two companies will build a plant that will run on almost 1.3 gigawatts of solar power and is expected to produce hydrogen from 2026. Uniper’s shareholders agreed to a €33 billion ($35 billion) rescue this week that will lead to the utility’s nationalization and avoid its collapse following a surge in natural-gas prices in the wake of Russia’s invasion of Ukraine. The German government expects Uniper to strengthen its climate targets in the coming years.

Germany’s Uniper And Masdar To Build Green Hydrogen Plant In UAE

Masdar’s executive director for clean energy, Mohammad Abdelqadar El Ramahi, said in an interview that Germany’s Uniper SE is teaming up with Masdar, one of the Middle East’s biggest renewable-energy firms, to make green hydrogen in the United Arab Emirates. The two companies will build a plant that will run on almost 1.3 gigawatts of solar power and is expected to produce hydrogen from 2026. Uniper’s shareholders agreed to a €33 billion ($35 billion) rescue this week that will lead to the utility’s nationalization and avoid its collapse following a surge in natural-gas prices in the wake of Russia’s invasion of Ukraine. The German government expects Uniper to strengthen its climate targets in the coming years.

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