NWTN and CMEC plan to co-develop 20MW green hydrogen plant in the UAE
In the United Arab Emirates (UAE), Zawya reported that Dubai-based green energy company NWTN and CMEC Middle East (CMEC ME), a subsidiary of China Machinery Engineering Corporation, announced plans to co-develop a 20 megawatt green hydrogen plant in the UAE.
Under the terms of the deal, NWTN will take on the task of securing approvals from the relevant government authorities and firms in the UAE, subsidy policies, marketing analysis, investors, off-takers, and other aspects related to green hydrogen and energy storage project development, while CMEC ME will provide a comprehensive feasibility study report, assessing the technical, commercial, and financial viability of the projects based on the progress and cost arrangement agreed upon by both parties.
In addition, CMEC ME will introduce technological resources from China to support the setting up of green hydrogen projects.
Category: Hydrogen
