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October 3, 2018: GUtech signs MoU with German Company Hydrogen Rise AG

HALBAN, Munich To introduce new hydrogen technologies to Oman as part of a ‘Hydrogen Initiative’, the German University of Technology in Oman (GUtech) has signed a Memorandum of Understanding (MoU) with the German company Hydrogen Rise AG (Hydrogen Rise) recently. The MoU was signed by Dr.-Ing. Bernd Wiemann, CEO of Hydrogen Rise, Olav Carlsen, Chief Financial Officer (CEO) and by Prof. Dr.- Ing. Michael Modigell, Rector of GUtech. “Hydrogen produced with renewable energy is now increasingly part of the global vision to create new businesses and new solutions to address climate change. We look forward to working together with GUtech. The final goal of our cooperation is a more detailed plan to introduce hydrogen based energy solutions and to support the building of academic, technological and economic hydrogen expertise here in Oman,” said Dr.-Ing. Bernd Wiemann. Hydrogen can store and provide energy in a widely useable form, and it is one of the most promising alternative fuels for future energy applications. It can be produced pollution-free and without carbon dioxide emissions. Most recently, the summit of the European Union energy ministers was dedicated to hydrogen and energy storage solutions and the ministers highlighted the potential of hydrogen technologies for the energy transition.

The cooperation between GUtech and Hydrogen Rise focuses on the joint development and execution of hydrogen technologies in Oman. This initiative includes the analysis, presentation and communication of the suitability of hydrogen based energy solutions for Oman. The joint activities address the evaluation and description of specific hydrogen applications while raising the overall awareness of the potential of hydrogen. “Hydrogen technologies play an essential role in the future of the global energy, metal, chemical and mobility industry. Our cooperation with Hydrogen Rise focuses on the research and communication of the potential contribution of hydrogen to Oman`s economic diversification efforts and the new employment opportunities that come with it. At the same time we are interested in the analysis of new academic fields in the area of Hydrogen Technology and Economics,” said Prof. Dr.-Ing. Michael Modigell, Rector of GUtech. “Germany is one of the leading countries in the field of hydrogen – in academic research, hydrogen production processes, storage and applications,” said Dr. Bernd Wiemann while adding: “We are pleased that governments and industry leaders around the world develop programs, new processes and applications for hydrogen.”

“Around the world, new projects, policies and investments are initiated in response to the role that hydrogen will play in the energy sector,” said Dipl.-Kfm. Olav Carlsen, CFO of Hydrogen Rise.

“We are very interested in participating in these technological and academic developments around hydrogen and its diverse potential applications in Oman,” said Prof. Dr.-Ing. Michael Modigell. “It is essential to understand the economic and social benefits of a hydrogen economy around the world and specifically for Oman. With its potential for renewable energy production, our country is very well positioned to play a leading role in the future energy transition and we are looking forward to working with Hydrogen Rise in analyzing and presenting these opportunities in the coming months.”

 

GUtech: The German University of Technology is a private university associated with the RWTH Aachen (Germany) in Muscat. The early identification of technology and economic changes is part of the GUtech R&D understanding. In this fields, the establishing of new competences and disciplines with long term impact and the combination of technology & economy is a chance to attract more students and deliver a future oriented platform for job and business creation.

Hydrogen Rise AG: (Germany, Munich) Together with our partners Hydrogen Rise will invest in all key elements of the long-term green hydrogen system solutions. This includes the infrastructure for green hydrogen production, its transport, storage, distribution and export all the way to the integration of various applications in the areas. Already in the early phase, it is important to deliver know-how for the enabling of a hydrogen economy with it. Hydrogen Rise lays the foundation for the systematic development of technological and academic competencies in the partner regions.

 

(c) Text and photo: GUtech & Hydrogen Rise

 

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