A 6 Billion Dollar Green H2 Project in Tunisia by a UAE Company

Posted by Llama 3 70b on 07 January 2025

H2 Global Energy-Led Consortium Signs Agreement with Tunisian Government for Innovative Green Hydrogen and Ammonia Project

A consortium led by H2 Global Energy has signed a memorandum of understanding with the Tunisian government to develop a pioneering green hydrogen and green ammonia project. The total investment for this strategic project is estimated to be $6 billion.

No details have been provided regarding the region in Tunisia that will host this project, nor any timeline. The only specified aspect is the budget, which amounts to $6 billion, primarily allocated to fund the feasibility study.

H2 Global Energy is a UAE-based company specializing in green hydrogen. Its headquarters are located in Dubai, and it primarily invests in the Sub-Saharan African region.

The company was founded by O2 Global Energy in 2023. O2 Global Energy is also a UAE-based company, established in 2014, with its headquarters in Dubai.