Masdar and TotalEnergies Partner for Green Hydrogen to SAF Project in Abu Dhabi
Key Ideas
- Masdar and TotalEnergies have agreed to collaborate on a project in Abu Dhabi to develop green hydrogen to methanol to Sustainable Aviation Fuel (SAF), focusing on decarbonizing hard-to-abate sectors like aviation and maritime industries.
- The project will involve using green hydrogen from renewable energy sources and capturing CO2 from industrial sources to produce green methanol and SAF, aiming to contribute to sustainability efforts in the region.
- Masdar, established in 2006, has ambitious goals to increase its global renewable energy capacity to 100 GW and green hydrogen production to 1 million tonnes by 2030, with recent financial support from a $1 billion green bond offering.
- This partnership builds on a successful test flight conducted in 2023 by Masdar and TotalEnergies, showcasing the potential of converting Methanol to SAF and furthering advancements in sustainable aviation solutions.
Masdar, a clean energy-focused developer based in the UAE, has partnered with France-based TotalEnergies to explore the development of a commercial green hydrogen to methanol to Sustainable Aviation Fuel (SAF) project in Abu Dhabi. The aim of this collaboration is to address the challenge of decarbonizing industries that are hard-to-abate, such as aviation and maritime. By utilizing green hydrogen produced from renewable energy sources and incorporating CO2 captured from industrial emissions, the project seeks to produce green methanol and SAF, contributing to sustainable practices. Masdar, established in 2006, is dedicated to expanding its global renewable energy capacity to 100 GW and increasing green hydrogen production to 1 million tonnes by 2030. Recently, the company secured $1 billion through a green bond offering to support its investments in new renewable energy projects. The agreement between Masdar and TotalEnergies follows a successful test flight conducted in 2023, demonstrating the potential of converting Methanol to SAF. This partnership signifies a step forward in the development of innovative and environmentally friendly solutions for the aviation sector, aligning with sustainability goals and driving progress towards a greener future.
Topics
Projects
Renewable Energy
Aviation Industry
Decarbonization
Renewable Energy Projects
ESG
Sustainable Aviation Fuel
Investment Management
Green Bond Offering
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