Aqua Aerem and Japan-based Osaka Gas have entered into a joint development agreement for the $10.75 billion 10-gigawatt Desert Bloom Hydrogen project.
Desert Bloom Hydrogen aims to produce truly renewable hydrogen for domestic and export markets using only off-grid renewable energy and its own atmospheric water source, which will produce water for the project without environmental degradation. The project will produce about 410,000 metric tons of green hydrogen per year when at full scale.
Gerard Reiter, Aqua Aerem CEO, said the company was looking forward to working closely with Osaka Gas, which, in addition to being one of the world’s largest gas buyers and distributors, has an extensive global portfolio of energy projects, including LNG terminals, pipelines and independent power projects.
“This deal is a strong endorsement of the massive value of the project and Aqua Aerem’s innovative air-to-water technology, which is opening the door for green hydroge
