Lhyfe, a leader in green hydrogen, signed a strategic Memorandum of Understanding (MoU) with Masdar at ADSW 2025. This collaboration is part of Lhyfe’s 2024 strategy to co-develop large-scale green hydrogen projects. The projects will involve financial and industrial investors.

Strengthening the Green Hydrogen Sector

Through this partnership, Lhyfe and Masdar aim to explore collaboration and investment opportunities throughout the green hydrogen value chain. Their focus will be on co-developing large projects, leveraging each company’s strengths in the sector. By combining resources and expertise, they seek to accelerate the development of green hydrogen production worldwide.

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Lhyfe is a recognized pioneer in the hydrogen sector. Founded in 2019, the company has rapidly expanded its operations. Lhyfe currently operates four green hydrogen production sites in Europe, with several more under construction. Their capacity for building and managing large-scale production sites has made them a key player in Europe’s green hydrogen market.

The company has a project pipeline totaling 9.5GW, including advanced-stage large projects ready for rapid deployment. Lhyfe’s proven ability to develop and operate commercially viable green hydrogen projects was crucial in Masdar’s decision to enter into this MoU.

Masdar’s Green Hydrogen Goals

Masdar, a global renewable energy leader, aims for a renewable energy portfolio of 100GW by 2030. This target is part of the UAE’s broader commitment to tripling global renewable energy capacity by the end of this decade. Masdar also has a strong ambition to become a major green hydrogen producer. They plan to produce 1 million tonnes per year of green hydrogen and its derivatives both in the UAE and internationally by 2030.

Masdar’s Commitment to Green Hydrogen

Mohammad Abdelqader El Ramahi, Masdar’s Chief Green Hydrogen Officer, said, “Masdar is committed to advancing the development of green hydrogen around the world, and we believe Europe will be a significant player in the future green hydrogen sector. This collaboration with Lhyfe will enable us to leverage our shared expertise and resources to explore pathways to accelerating development and potentially supporting our ambitious growth plans.”

A Step Forward for Green Hydrogen

This partnership between Lhyfe and Masdar is a significant step forward in the global green hydrogen market. By combining their strengths, they are poised to accelerate the transition to sustainable energy. Their collaboration could help meet the growing demand for green hydrogen, a key component in the fight against climate change.

Solvang ASA has achieved a groundbreaking milestone in maritime decarbonization, unveiling the first ship equipped with a full-scale onboard carbon capture and storage (OCCS) facility. Carbon Herald reports that the vessel is now ready for pilot testing, marking a major leap forward in reducing emissions from global shipping operations.

Innovation in Carbon Emissions Reduction

The Clipper Eris, owned by Solvang ASA, is the first vessel to feature OCCS technology. This innovative system cleans exhaust emissions, cutting CO2 output by up to 70%. Additionally, the vessel stores the captured carbon dioxide in on-deck tanks, ready for safe sequestration or potential reuse, leading maritime sustainability efforts.

Edvin Endresen, CEO of Solvang ASA, emphasized the significance of this development: “Onboard carbon capture combined with existing cleaning technology is a significant shortcut to decarbonization of the world’s deep-sea fleet. This stands out as one of the more promising solutions for future vessels.”

Collaborative Effort Drives Progress

Moreover, the OCCS pilot project is the result of a partnership between Solvang, Wärtsilä, MAN Energy Solutions, and the Norwegian research institute SINTEF. Roger Holm, President of Wärtsilä Marine, stated, “The introduction of carbon capture and storage capabilities on board the Clipper Eris is a major leap forward for maritime sustainability. It represents a system change that has been made possible by close collaboration between our companies.”

Also read: Fugro Launches First Carbon Capture Project in India at Visakhapatnam Pharmaceutical Plant

Preparing for a Greener Future

In addition to retrofitting the Clipper Eris, Solvang ASA has seven new vessels under construction, each designed to integrate OCCS technology seamlessly. These efforts align with the company’s commitment to meeting stricter environmental regulations and also advancing the decarbonization of maritime operations.

Furthermore, after months of retrofitting in dry dock, the Clipper Eris is now ready to lead sustainable shipping and inspire wider adoption of carbon capture technology worldwide.