Omani-German joint venture to support hydrogen investments – ZAWYA

Omani-German joint venture to support hydrogen investments – ZAWYA

Hydrogen Rise is a prominent German firm specialising in hydrogen fuel technologies. An agreement was signed on Monday for the establishment of a local Omani company that will support the development and commercialisation of hydrogen as a zero-emission energy source as well as feedstock for use in various industrial and petrochemical applications.. Hydrogen Rise Oman LLC is a partnership of Hydrogen Rise AG, a prominent German firm specialising in hydrogen fuel technologies, and Oman Educational Services LLC, a local company that owns, among other educational institutions, the German University of Technology in Oman (GUtech).. The MoU signing took place on the sidelines of the inauguration at GUtech of the Oman Hydrogen Centre a first-of-its-kind international competence hub dedicated to supporting education, research and technology inflows aimed at creating a new economy around the use of Green Hydrogen in the Sultanate.. In remarks to the Observer, Dr Wiemann said the new JV will begin exploring the potential to kickstart the growth of a nascent hydrogen energy industry in the Sultanate..