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Signing! CPU Hydrogen joins hands with Oman's Synergy to expand in the Middle East market

Time:2024/12/3    Tag:CPU Hydrogen, signing, Oman, Synergy, Middle East market

On 3 December 2024, Suzhou CPU Hydrogen Technology Co., Ltd (hereinafter referred to as 'CPU Hydrogen') and Oman-based Synergy Investments LLC (hereinafter referred to as 'Synergy') officially entered into a collaborative agreement in Xiangcheng District, Suzhou. Mr. Li Liuguan, Chairman of CPU Hydrogen, and Mr. Ziad Helou, CEO of Synergy, were present at the signing of the important cooperation document on behalf of their respective companies, in the presence of numerous guests.

 The two parties have reached an agreement to deepen their cooperation and leverage their respective advantages in resources and technology products to provide robust support for the development of hydrogen energy in the Middle East. This will be achieved by focusing on the implementation of hydrogen production projects in the areas of transport and green chemicals in the Middle East, based on a hydrogen supply system with green hydrogen production technology. CPU Hydrogen, a manufacturer of alkaline water electrolysis hydrogen production equipment, will provide Synergy with advanced alkaline water electrolysis hydrogen production equipment and technical support. In return, Synergy will assume responsibility for marketing and project operation, with a view to preparing for localized manufacturing and O&M cooperation in due course.

On the day of the agreement's signing, Mr. Ziad Helou, the Chief Executive Officer of Synergy, and his team conducted a comprehensive site visit to the electrolyzer assembly plant, the research and development center, and the core components showroom of Hibernia. During this visit, they engaged in a detailed exchange of views and discussions. As a market-leading enterprise within Oman's energy sector, Synergy is dedicated to the realization of Oman's ambitious energy transition strategy through the deployment of active capital investment and green hydrogen initiatives, capitalizing on its established connections with the local government and its robust financial position.

In the current global climate of environmental crisis and energy scarcity, hydrogen energy, as a clean and efficient source of energy, is assuming a pivotal role in countries' energy strategies. The collaboration between CPU Hydrogen and Synergy Oman will serve to accelerate the energy transition in the Middle East, facilitating the contribution of clean CPU Hydrogen to global sustainable development.