AL FATTAN Holding Investment signs $20 million investment in 200MW green hydrogen and ammonia manufacturing … – Gulf Today

AL FATTAN Holding Investment signs $20 million investment in 200MW green hydrogen and ammonia manufacturing … – Gulf Today

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AL FATTAN Holding Investment announced on May 18 that it will invest $20 million in Abu Dhabi for green hydrogen and ammonia manufacturing business with LTechUVC, a Korean energy company.

The 'Green Hydrogen and Ammonia Production Project' is a 200 MW green hydrogen and ammonia manufacturing project in Abu Dhabi with a total project cost of $400 million. UAE company AL FATTAN Holding Investment and Korean company LTechUVC will participate in the project. Currently, the business process has been carried out through business agreements, investment agreements (LOI), and SPC establishment, and even investment contracts (LOC).