Jordan Signs MoU with Chinese Firm for Green Hydrogen Project
11.28.2024 By Tank Terminals - NEWS

November 28, 2024 [Chem Analyst]- Jordan has taken another significant step towards its renewable energy goals by signing a Memorandum of Understanding (MoU) with China’s Hangzhou Huading New Energy (HDsolar) to conduct feasibility studies for green hydrogen projects.

 

The agreement, signed by Energy and Mineral Resources Minister Saleh Kharabsheh and HDsolar Regional Director Zhao Shifeng, outlines a framework for cooperation that could lead to the establishment of a large-scale green hydrogen project capable of producing 400,000 tonnes of green ammonia annually.

This latest agreement brings the total number of green hydrogen and green ammonia projects under consideration in Jordan to 14, demonstrating the country’s strong commitment to renewable energy. Eight investors have already submitted preliminary feasibility studies, with three nearing completions.

Minister Kharabsheh emphasized the importance of this partnership, stating, “This MoU represents a crucial step in realizing the Kingdom’s renewable energy ambitions. Based on the results of these feasibility studies, we will work closely with HDsolar to finalize a comprehensive investment agreement for the project.”

Zhao Shifeng, CEO of HDsolar, echoed the sentiment, highlighting the global significance of this agreement. He said, “This is the first agreement of its kind internationally, and it holds immense potential to stimulate investment in Jordan.”

The MoU signing ceremony was attended by high-level officials, including Secretary-General Amani Azzam from the Ministry of Energy and Mineral Resources, as well as engineers specializing in green hydrogen projects. HDsolar, with its extensive experience in photovoltaic energy projects worldwide, brings valuable expertise to the partnership.

The combined investment in these green hydrogen projects is projected to reach a substantial $28 billion by 2030. This significant investment underscores Jordan’s position as a regional leader in the renewable energy sector and its potential to contribute to a sustainable global energy future.

HDsolar, founded in 2009, is a leading provider of photovoltaic (PV) mounting and tracking systems, catering to utility, commercial, industrial, and residential projects globally. Headquartered in Hangzhou, China, with manufacturing facilities in Zhejiang and Hebei, HDsolar boasts an annual production capacity of 6,000 MW. By 2023, the company has contributed to over 500 solar power stations across 50 countries, providing more than 15GW of solar mounting solutions. HDsolar emphasizes continuous R&D, offering products like the Planetary Series Tracking System and innovative braking devices. The company holds multiple certifications, including ISO, CE, and TUV, and has 150 national patents. With a global footprint spanning Asia, Europe, America, and Africa, HDsolar is committed to providing comprehensive solar solutions and promoting green energy worldwide.

 

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