Abu Dhabi's Masdar is involved in a number of projects related to green hydrogen production. Khushnum Bhandari / The National
Abu Dhabi's Masdar is involved in a number of projects related to green hydrogen production. Khushnum Bhandari / The National
Abu Dhabi's Masdar is involved in a number of projects related to green hydrogen production. Khushnum Bhandari / The National
Abu Dhabi's Masdar is involved in a number of projects related to green hydrogen production. Khushnum Bhandari / The National

Infinity Power and Conjuncta to develop green hydrogen project in Mauritania


Alkesh Sharma
  • English
  • Arabic

Infinity Power Holding — a joint venture between Egypt’s Infinity and UAE’s renewables developer and investment company Masdar — and Conjuncta GmbH, a German project developer, have signed an initial agreement with Mauritania to develop a green hydrogen project.

The project, which will be spread over four phases, is expected to produce up to 8 million tonnes of green hydrogen or other renewable fuels of non-biological origins upon completion.

The size of the project was not disclosed.

Development of the green hydrogen industry in Mauritania will bring environmental, economic and social benefits, Abdessalam Saleh, the African country’s Minister of Petroleum, Mines and Energy, said.

“Our country is determined to play a leading position on the global map of the green hydrogen economy in the coming decades … the consortium [Infinity Power and Conjuncta] … has very strong technical and financial capabilities”, Mr Saleh said.

Hydrogen is set to play a key role in the transition to a net-zero energy system and help to decarbonise sectors that are difficult to electrify — such as heavy industry and long-haul transport, according to the International Renewable Energy Agency.

Globally, the hydrogen industry is expected to be worth $183 billion this year, up from $129 billion in 2017, according to Fitch Solutions.

The new plant will be located near Nouakchott, the capital city of Mauritania.

It can reach an electrolyser capacity of up to 10 gigawatts, making it capable of producing up to 8 million tonnes of green hydrogen or its equivalent in renewable fuels of non-biological origins.

The green hydrogen, ammonia and other renewable fuels produced from the plant will be used for exports.

Abu Dhabi-headquartered Masdar has already established a considerable presence in Africa, having formed its Infinity Power joint venture with Egypt’s Infinity to target opportunities in the continent.

In November, Masdar, Infinity Power and Hassan Allam Utilities signed an agreement with the Government of Egypt to develop a 10GW onshore wind project — one of the largest wind farms in the world.

“We are extremely delighted to partner with the government of Mauritania in building this green hydrogen plant, which will provide not only the North-West but the entire continent of Africa with a clean, renewable energy source that will in turn foster a cleaner, greener future for us all”, said Mohamed Mansour, chairman of Infinity Power.

Established in 2020, Infinity Power aims to develop utility-scale and distributed solar energy and wind power projects in Egypt and Africa. The company also has 12GW of projects in the pipeline at different stages of development.

The first phase of the Mauritania plant of 400 megawatts is expected to be operational by 2028. The overall project will provide jobs to nearly 3,000 workers during construction and to 1,000 workers when operational.

“It [the project] will have a strong link to Germany both as a technology provider and a potential offtaker of green energy”, said Stefan Liebing, chief executive of Conjuncta.

“It is by far the largest bilateral investment project ever and we look forward to making it a success story that will attract a lot more business activities between the two countries.”

Founded in 2004, Hamburg-headquartered Conjuncta GmbH is a project development and investment firm with a focus on Africa.

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Results
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Abu Dhabi Harlequins 43-27 Dubai Hurricanes

Fixture
Friday, March 29, Abu Dhabi Harlequins v Jebel Ali Dragons, The Sevens, Dubai

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OTHER IPL BOWLING RECORDS

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Best average: 16.36 – Andrew Tye

Best economy rate: 6.53 – Sunil Narine

Best strike-rate: 12.83 – Andrew Tye

Best strike-rate in an innings: 1.50 – Suresh Raina (for Chennai Super Kings against Rajasthan Royals in 2011)

Most runs conceded in an innings: 70 – Basil Thampi (for Sunrisers Hyderabad against Royal Challengers Bangalore in 2018)

Most hat-tricks: 3 – Amit Mishra

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UAE currency: the story behind the money in your pockets
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Pupils to learn coding and other vocational skills from Grade 6

Exams to test critical thinking and application of knowledge

A new National Assessment Centre, PARAKH (Performance, Assessment, Review and Analysis for Holistic Development) will form the standard for schools

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How green is the expo nursery?

Some 400,000 shrubs and 13,000 trees in the on-site nursery

An additional 450,000 shrubs and 4,000 trees to be delivered in the months leading up to the expo

Ghaf, date palm, acacia arabica, acacia tortilis, vitex or sage, techoma and the salvadora are just some heat tolerant native plants in the nursery

Approximately 340 species of shrubs and trees selected for diverse landscape

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All shrubs and trees supplied by Dubai Municipality

Most sourced from farms, nurseries across the country

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Construction workforce peaked at 40,000 workers

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Araminta Robertson, of the Financially Mint blog, shares her financial advice for university leavers:

1. Build digital or technical skills: After graduation, people can find it extremely hard to find jobs. From programming to digital marketing, your early twenties are for building skills. Future employers will want people with tech skills.

2. Side hustle: At 16, I lived in a village and started teaching online, as well as doing work as a virtual assistant and marketer. There are six skills you can use online: translation; teaching; programming; digital marketing; design and writing. If you master two, you’ll always be able to make money.

3. Networking: Knowing how to make connections is extremely useful. Use LinkedIn to find people who have the job you want, connect and ask to meet for coffee. Ask how they did it and if they know anyone who can help you. I secured quite a few clients this way.

4. Pay yourself first: The minute you receive any income, put about 15 per cent aside into a savings account you won’t touch, to go towards your emergency fund or to start investing. I do 20 per cent. It helped me start saving immediately.

Updated: March 09, 2023, 4:58 PM