Saudi Arabia’s leading government entity, Saline Water Conversion Corporation (SWCC) and Cummins Arabia, global power leader, have signed a Memorandum of Understanding (MoU) for developing a hydrogen gas production plant.
With this partnership deal, both companies aim to implement this project in the context of its commitment to developing innovative sustainable solutions for the water industry globally.
The deal, which was signed by SWCC’s Executive Director of Investments Mr. Issam bin Abdullah Al Jarba and Cummins Arabia’s Managing Director Mr. Amit Deshpande on the concluding day of Wetex 2021 in Dubai, is in line with the Kingdom’s Vision 2030.
The financial capability of Cummins to deploy large-scale hydrogen projects, backed by global presence, mass production facilities, and active participation in different global energy councils, makes the company a trusted player to meet the needs of the growing hydrogen economy.
The MoU comes in line with the vision of the Kingdom to adopt clean energy in its projects and diversifying its economic resources to lead the world in the production of alternative energy.
The deal is considered as a step to activate the circular carbon economy, to support strategic efforts and an outstanding commitment to confront climate change and reduce carbon emissions. The agreement included strengthening cooperation in engineering and research consultancy and training in renewable energy.
The MoU comes within the framework of SWCC’s direction as an industrial entity active in economic development, to tackle the challenges posed by global climate change by innovating practical solutions that employ modern and promising technologies and reduce carbon emissions, developing hydrogen gas production facilities and adopting hydrogen as an energy source.
SWCC by supporting the development of hydrogen as a source of energy is contributing towards reshaping global energy chains and helping energy production by reducing emissions.
