Shell Qatar's Green Hydrogen Breakthrough and EV Market Growth in the Middle East
Key Ideas
  • Shell Qatar Research and Technology Centre successfully produces green hydrogen from wastewater through the HyPEC project.
  • Saudi Arabia's EV market is expected to boom with high consumer interest in battery-electric vehicles (BEVs).
  • Qatar and Saudi Arabia are making significant commitments to sustainability, including net-zero car sales and significant EV production targets.
  • Egypt's Juhayna receives a sustainability-linked loan from HSBC, focusing on emissions reduction and health and safety training.
The Shell Qatar Research and Technology Centre has achieved a significant milestone by producing green hydrogen from wastewater through the HyPEC project in collaboration with Qatar National Research Fund, Texas A&M University at Qatar, and India’s National Chemical Laboratories. This innovative project utilizes sunlight and wastewater to actively produce green hydrogen. In parallel, Saudi Arabia's electric vehicle industry is poised for rapid growth, with high consumer interest in battery-electric vehicles, reflecting a positive attitude towards sustainable transportation solutions. Saudi Arabia has set ambitious goals for EV adoption, including joining the Accelerating to Zero Coalition and targeting net-zero new car sales by 2040. Additionally, Egypt's Juhayna has secured a sustainability-linked loan from HSBC, focusing on emissions reduction and safety training. Other notable initiatives in the region include Qatar's Ooredoo launching a Clean Energy – Super Hybrid program to reduce energy consumption at mobile sites and Oman Environment Services offering ESG services to support companies in improving sustainability practices.
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