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Of the total proposed projects, 795 projects are expected to be partially or fully commissioned by 2030, representing a total investment of USD 320 billion in direct investments into hydrogen valuechains, up from USD 240 billion. [ii] UAE plans to develop at least two hydrogen production hubs called “Oasis” by 2031.
Space42 aligns with the UAE’s accelerating efforts to achieve the objectives of the National Space Strategy 2030 and the AI Strategy 2031. The business is dedicated to boosting in-country manufacturing, positioning the UAE as a key provider across the space valuechain.
The UAE’s Artificial Intelligence Strategy 2031 and Saudi Arabia’s National Industrial Development and Logistics Programme (NIDLP) demonstrate their dedication to using technology for economic progress.
The total investment value for this project is $8.4 million tonnes of green hydrogen per year by 2031, 7.5 The mega-plant will integrate up to 4GW of solar and wind energy to produce up to 1.2 million tonnes of green ammonia, which translates to up to 600 tonnes per day of carbon-free hydrogen.
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