Terminal News

Consortium signs $34 billion MoU for hydrogen project in Mauritania

Written by...

Picture of Meenal Datar

Meenal Datar

Membership specialist
money cash

German project developer Conjuncta has signed a memorandum of understanding (MoU) with Mauritania, Egypt’s energy provider Infinity and the United Arab Emirates’ Masdar for a $34 billion (€32 billion) green hydrogen project. The project will have a production capacity of up to 8 million tonnes of green hydrogen or other hydrogen-based end products annually, with an electrolyser capacity of up to 10 gigawatts, the company said in a joint statement with the firms involved and the Mauritanian government.

Share this article:

Latest terminal news

Terminal News

TotalEnergies Acquires 50% Of Assets From EPH

TotalEnergies has announced the signing of an agreement with Energetický a průmyslový holding, a.s. (EPH) for the acquisition of 50% of its flexible power generation platform (gas-fired and biomass power

Read More