Black & Veatch Empowering Decarbonization Efforts in the Middle East Through Innovative Energy Solutions
Key Ideas
  • Black & Veatch is leveraging its expertise in hydrogen, renewable energy, vehicle electrification, and sustainable infrastructure to accelerate decarbonization efforts in the Middle East.
  • The company's senior vice president highlighted the importance of delivering lower carbon solutions safely, on budget, and schedule to build confidence with clients.
  • The appointment of a new president will facilitate the introduction of innovative strategic advisory services to financial institutions, developers, and energy majors in the region.
  • Black & Veatch aims to optimize capital investments in clean energy projects through early-stage advisory consultancy and practical insights from an engineering, procurement, and construction (EPC) perspective.
Black & Veatch, a global engineering, construction, and advisory company, is actively contributing to the decarbonization efforts in the Middle East by utilizing its market leadership in various sustainable energy solutions. The company will be showcasing its full portfolio of solutions, including hydrogen, at the upcoming ADIPEC 2024 event in Abu Dhabi. Black & Veatch's senior vice president emphasized the importance of deploying lower carbon solutions effectively to meet client needs while the newly appointed president will focus on introducing strategic advisory services to key stakeholders in the region. During the event, Black & Veatch will address the evolving role of the Middle East in low-carbon hydrogen production and highlight its experience in delivering traditional and alternative energy infrastructure projects. By building electrolysis capacity globally, the company aims to significantly increase electrolysis capacity by 2025. Additionally, a focus on optimizing capital investments in clean energy projects will be discussed, ensuring the bankability and reliability of such investments. The strategic roundtable at ADIPEC's Finance & Investment Conference will provide insights into proving the bankability of innovative clean energy projects and technologies. Black & Veatch's unique approach of combining objective advisory consultancy with practical EPC insights will be showcased to drive commercial and technical excellence in the energy sector. The company's commitment to steering capital investments towards sustainable projects underlines its dedication to fostering a transition toward cleaner energy sources.
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