Jordan advances green hydrogen ambitions with new agreement
Jordan has taken another significant step towards establishing itself as a hub for green hydrogen production, signing a memorandum of understanding (MoU) with China’s Hangzhou Huading New Energy Co. Ltd (HDsolar), Petra reports.
The agreement focuses on developing feasibility studies for green hydrogen projects in the Kingdom.
The MoU, signed by Minister of Energy and Mineral Resources, Saleh Al-Kharabsheh, and Zhao Shifeng, the regional director of HDsolar, aims to produce 400,000 tons of green ammonia annually.
Al-Kharabsheh highlighted that the agreement outlines a collaborative framework for the company to conduct initial feasibility studies. Based on these results, the ministry will work towards finalizing an investment agreement to launch the project.
"This agreement reflects our commitment to leveraging Jordan’s renewable energy potential and positioning the country as a global leader in green hydrogen and ammonia production," said Al-Kharabsheh.
The CEO of HDsolar underscored the importance of the partnership, calling it a milestone for Jordan and a catalyst for attracting investments in the renewable energy sector. He noted that this project is the first of its kind globally, highlighting Jordan's potential to lead in green energy innovation.
The Chinese company, with extensive expertise in renewable energy, has contributed to over 1,000 photovoltaic projects worldwide, specializing in photovoltaic (PV) and concentrated solar power (CSP) technologies.
This MoU is Jordan’s 14th agreement in the green hydrogen and ammonia sectors, aligning with the ministry’s vision to expand investment opportunities and solidify the country’s role as a regional and international leader in sustainable energy.
To date, eight investors in Jordan’s green hydrogen industry have submitted feasibility studies, with three projects in advanced stages of evaluation. Projections indicate that green hydrogen investments under review could reach $28 billion by 2030, further reinforcing Jordan’s strategic position in the global energy market.