Monday, October 14, 2024
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Tunisia: ACWA Power signs signs MoU for green hydrogen project

On May 31, ACWA Power Co. signed a memorandum of understanding (MoU) with the Tunisian Ministry of Industry, Mines, and Energy to explore the feasibility of a green hydrogen project. This project aims to produce nearly 600,000 tons of green hydrogen annually in three phases for export to the European Union (EU).

As per the MoU, ACWA Power will be responsible for constructing, operating, and maintaining power generation units capable of producing up to 12 gigawatts (GW) of renewable energy. This will include storage systems, transmission lines, a water desalination plant, electrolysis devices, and infrastructure to facilitate direct connection to the main pipeline.

In a statement to Argaam, ACWA Power outlined that the first phase will involve installing renewable energy units with a capacity of four GW, an electrolysis capacity of two GW, and battery storage facilities to produce 200,000 tons of green hydrogen annually.

The project’s objective is to export green hydrogen through “South 2,” a hydrogen pipeline established by the European Network of Transmission System Operators for Electricity (ENTSO-E). This pipeline, recognized as a project of common interest by the EU, connects Tunisia with Italy, Austria, and Germany. Tunisia’s national strategy for green hydrogen and its derivatives includes an ambitious action plan to export over six million tons of green hydrogen to the EU by 2050.

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