Masdar delays green hydrogen capacity target to beyond 2030 due to challenges in the sector.

Masdar, Abu Dhabi's leading renewable energy firm, has postponed its green hydrogen capacity target to beyond 2030, now aiming for 1 million tons annually within the next decade. The delay highlights ongoing challenges in the green hydrogen sector, including high costs and limited demand. Notably, Masdar recently completed a pilot project producing green steel using hydrogen, marking a significant step towards decarbonization in the MENA region.

October 28, 2024
6 Articles