Renewable Insights - Monthly E3

• The green hydrogen market is projected to reach a whopping $12.8 billion by 2030, growing at a mind-boggling CAGR of 40.9%! That's faster than a hydrogen-powered rocket !

• UAE's going all-in on hydrogen, aiming for a 15 million tonnes by 2050. Talk about a glow-up from oil !

• Vikings are trading longships for hydrogen ships. Denmark and Norway are leading the charge in hydrogen initiatives !

• EU's hydrogen goal? 10 million tonnes by 2030. That's enough bubbly energy to power a continent-wide dance party !

• Japan and South Korea are on a hydrogen shopping spree, while Australia is becoming the Amazon of H2, aiming to be a major exporter.

• Uncle Sam's dishing out $7 billion for hydrogen hubs. Stars, stripes, and hydrogen pipes!

• The wind energy market is expected to reach $174.75 billion by 2030, growing at a CAGR of 8.4%. Talk about a windy forecast !

• UAE's first big wind project is like a 103.5 MW desert tornado (but friendlier).

• Norway and Denmark are having a "who can build the biggest offshore wind farm" contest. Ørsted's Hornsea 2 is currently the world's largest!

• UK's offshore wind is so big, you can almost see it from space ! The Crown Estate's latest leasing round is set to power millions of homes.

• China's turbines are spinning faster than a kid on a merry-go-round, leading global installations.

• US offshore wind pipeline's so long, it could wrap around the Statue of Liberty 58 times !

• The solar energy market is expected to reach $293.18 billion by 2028, growing at a CAGR of 6.9%. That's hotter than a solar panel in the Sahara !

• Saudi Arabia and UAE are turning their deserts into giant solar panels to power green hydrogen production. The NEOM project is set to be the world's largest !

• Sweden's squeezing every drop of sunshine, even during those long winter nights. Their innovative vertical solar farms are a game-changer !

• Spain and Germany are in a solar installation race. May the sunniest country win! Spain's ambitious 2030 target is leading the charge.

• India's solar capacity is growing faster than a Bollywood dance number, with ambitious plans for 500 GW by 2030.

• US solar installations are popping up like daisies, thanks to the Inflation Reduction Act. It's raining sunshine and tax credits !

• These bad boys are so hot right now, they're selling faster than tickets to a BTS reunion concert. The global electrolyzer market is expected to reach $2.9 billion by 2028 !

• Oman's ACME Group is going alkaline with their electrolyzer technology. It's like a chemistry experiment gone wonderfully right !

• European manufacturers are working overtime. Espresso machines on full power! Siemens Energy is leading the pack with their cutting-edge designs.

• ADNOC and Masdar in UAE are like the Beyoncé and Jay-Z of green hydrogen with their 43% stake partnership. Power couple alert !

• Qatar's getting into the game with a billion-dollar blue ammonia plant. That's some expensive perfume !

• Middle East is the new matchmaker, bringing together companies faster than a speed dating event. The NEOM project is a prime example of international collaboration.

🚀 Regional Ambitions

• Egypt's aiming for 5.8 million tonnes of green hydrogen by 2040. Pharaohs would be impressed !

• Finland's so into hydrogen, they might rename Santa's reindeer after electrolyzers. Their national hydrogen strategy is no joke !

• Germany's hydrogen strategy is more detailed than a Black Forest cuckoo clock. Their National Hydrogen Strategy is a masterpiece of engineering precision.

• Australia's becoming the hydrogen export champion. Crikey ! Their national hydrogen strategy is ambitious and comprehensive.

• Canada's blue hydrogen plan is smoother than maple syrup on ice. Their Hydrogen Strategy is setting the stage for a clean energy revolution.