January 06, 2025 [EIN Newswire]- A consortium led by H2 Global Energy signed an MOU agreement with the Tunisian government to develop a groundbreaking green hydrogen and green ammonia project. The total expected investment for this strategic initiative is $6 billion.
This ambitious project aims to leverage Tunisia’s abundant renewable energy resources to produce green hydrogen and green ammonia, positioning the country as a key player in the global clean energy transition.
Mr. Yazan Alfaouri and Mr. Wissam Anastas, shareholders of the consortium showed their excitement about the agreement and saw this project as a main corner stone of the energy transition plans of Tunisia and a step forward on the Tunisian Jordanian existing collaborations.
Mr. Waleed AlHallaj, the Chief Commercial Officer of H2 Global Energy, commented on the significance of this project: “This is a strategic project that not only aligns with our commitment to sustainable energy but also underscores Tunisia’s potential as a leader in green hydrogen and ammonia production. We are excited to work together with the Tunisian government to achieve our shared vision of a greener future.”
The project is expected to create numerous job opportunities and drive significant economic growth in Tunisia, while contributing to global efforts to combat climate change.
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