FTXT and Synergy Partner for Fuel Cell Commercial Vehicles in Oman
Key Ideas
  • FTXT and Synergy have signed an MoU to collaborate on fuel cell commercial vehicles in Oman and other Middle Eastern countries.
  • The partnership aims to develop the fuel cell commercial vehicle market in the Middle East and support the internationalization of the hydrogen energy industry.
  • FTXT will provide advanced fuel cell technologies and products, while Synergy will focus on market development and localized operations in Oman.
  • Both companies plan to implement demonstration projects and promote hydrogen energy infrastructure construction in the Sultanate of Oman.
FTXT Energy Technology Co., Ltd. (FTXT), a specialist in fuel cell systems for transportation, and Synergy Investments LLC (Synergy) have signed a strategic partnership agreement to collaborate in the field of fuel cell commercial vehicles in Oman and other Middle Eastern countries. The partnership, marked by a memorandum of understanding, aims to explore R&D, production, sales, and after-sales services for fuel cell vehicles. FTXT will leverage its experience in hydrogen energy to provide advanced technologies while Synergy will handle market development. The collaboration targets the development of the fuel cell commercial vehicle market in the Middle East and the internationalization of the hydrogen energy industry. The companies plan to implement demonstration projects in Oman over the next two to three years and support the construction of hydrogen energy infrastructure. This initiative aligns with Oman's focus on hydrogen as a sustainable energy source. Oman, a significant oil and gas producer, is strategically located in the Middle East. Synergy, an energy giant in Oman, is driving investments in green hydrogen projects to support the country's energy transformation strategy. By combining resources and industry knowledge, FTXT and Synergy aim to contribute to the growth of the hydrogen energy industry in the region.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2024 AdvanceH2, LLC. All rights reserved.