Port of Aqaba

Masdar signs Agreements for 1GW Wind and potential Green Hydrogen Plant in Jordan

Retrieved on: 
Tuesday, December 5, 2023

The study will examine the feasibility of establishing a green hydrogen project near The Port of Aqaba to produce the most cost-competitive hydrogen, utilizing desalinated seawater, and dedicated renewable power.

Key Points: 
  • The study will examine the feasibility of establishing a green hydrogen project near The Port of Aqaba to produce the most cost-competitive hydrogen, utilizing desalinated seawater, and dedicated renewable power.
  • Masdar Chief Executive Officer, Mohamed Jameel Al Ramahi said: "With substantial wind and solar resources that can be used to generate large amounts of renewable energy, and produce cost-competitive green hydrogen and green fuels, Jordan has the potential to become a global powerhouse in the green energy transition.
  • Building on the strength of our longstanding partnership, Masdar is delighted to bring our expertise in clean energy projects and technologies to help Jordan achieve its decarbonization plans and unlock the nation's enormous potential."
  • Masdar is pursuing a target of 1 million tonnes of green hydrogen production by 2030 as part of the UAE's plans to establish itself as a green hydrogen hub and capture 25 per cent of the global low-carbon hydrogen market by 2030.

Masdar signs Agreements for 1GW Wind and potential Green Hydrogen Plant in Jordan

Retrieved on: 
Tuesday, December 5, 2023

The study will examine the feasibility of establishing a green hydrogen project near The Port of Aqaba to produce the most cost-competitive hydrogen, utilizing desalinated seawater, and dedicated renewable power.

Key Points: 
  • The study will examine the feasibility of establishing a green hydrogen project near The Port of Aqaba to produce the most cost-competitive hydrogen, utilizing desalinated seawater, and dedicated renewable power.
  • Masdar Chief Executive Officer, Mohamed Jameel Al Ramahi said: "With substantial wind and solar resources that can be used to generate large amounts of renewable energy, and produce cost-competitive green hydrogen and green fuels, Jordan has the potential to become a global powerhouse in the green energy transition.
  • Building on the strength of our longstanding partnership, Masdar is delighted to bring our expertise in clean energy projects and technologies to help Jordan achieve its decarbonization plans and unlock the nation's enormous potential."
  • Masdar is pursuing a target of 1 million tonnes of green hydrogen production by 2030 as part of the UAE's plans to establish itself as a green hydrogen hub and capture 25 per cent of the global low-carbon hydrogen market by 2030.

AD Ports Group and Aqaba Development Corporation Sign Multiple Agreements for Development of Tourism, Transport, Logistics and Digital Infrastructure

Retrieved on: 
Sunday, December 19, 2021

AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint by signing a number of four strategic agreements and a Head of Terms Agreement (HoT) with the Aqaba Development Corporation that will see AD Ports Group support the development of tourism, logistics, transport, and digital infrastructure within Aqaba.

Key Points: 
  • AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint by signing a number of four strategic agreements and a Head of Terms Agreement (HoT) with the Aqaba Development Corporation that will see AD Ports Group support the development of tourism, logistics, transport, and digital infrastructure within Aqaba.
  • The four strategic agreements and a Head of Terms Agreement were signed by Hussein Ali Alsafadi, CEO, Aqaba Development Corporation and Captain Mohamed Juma Al Shamisi, Group CEO, AD Ports Group.
  • Maqta Gateway, the digital arm of AD Ports Group, has signed a joint venture Agreement with Aqaba Development Corporation establishing Maqta Ayla to develop and operate an advanced Ports Community System (PCS).
  • Mohammad Al-Sakran, Executive Director, Transport & Logistics, Aqaba Development Corporation, noted: This strategic partnership will promote Aqaba as a major player in the regions supply chain.

AD Ports Group and Aqaba Development Corporation Sign Agreement for Tourism and Maritime Enhancement Projects in Aqaba - Jordan

Retrieved on: 
Sunday, September 19, 2021

AD Ports Group, a leading facilitator of trade and logistics, has signed a Heads of Terms agreement with the Aqaba Development Corporation that will see AD Ports Group take on the establishment of a state-of-the-art cruise terminal at Marsa Zayed in Aqaba.

Key Points: 
  • AD Ports Group, a leading facilitator of trade and logistics, has signed a Heads of Terms agreement with the Aqaba Development Corporation that will see AD Ports Group take on the establishment of a state-of-the-art cruise terminal at Marsa Zayed in Aqaba.
  • View the full release here: https://www.businesswire.com/news/home/20210919005030/en/
    AD Ports Group and Aqaba Development Corporation Head of Terms Signing Ceremony (Photo: AETOSWire)
    It will be the first facility to be developed by AD Ports Group in the Hashemite Kingdom of Jordan and its first cruise facility outside of the United Arab Emirates.
  • Leveraging its long-standing and extensive expertise as a global facilitator of trade and logistics, AD Ports Group will work closely with the Aqaba Development Corporation to deploy the digital system to expand the technical capacity and capabilities of Aqaba ports.
  • Captain Mohamed Juma Al Shamisi, Group CEO, AD Ports Group, said: We are pleased and proud to sign this strategic agreement with the Aqaba Development Corporation.