By adopting the novel waste-to-hydrogen technology to power its energy needs, the Forbes International Tower has once again demonstrated its leading role in driving innovations to enhance energy efficiency and achieve its vision of zero-carbon emissions. Marie said: “Clean hydrogen represents the future of electricity generation. Through this partnership, we aim to elevate the standards of sustainability and environmentally responsible practices in the region’s real estate sector, in line with the ambitious goals of the UN's 2030 Agenda for Sustainable Development.” Ibrahim said: “As an organisation committed to long-term sustainability in the region, we are delighted to sign the MoU with Schneider Electric and H2-Enterprises to drive innovative smart climate solutions that address urban development challenges. ![]() The signing ceremony took place at the offices of Magnom Properties at ICD Brookfield Place at the Dubai International Financial Centre (DIFC). The MoU was signed by Othman A Ibrahim, CEO, Rawabi Holding and Vice Chairman of Magnom Properties, and Maged Marie, CEO of Magnom Properties, with Sebastien Riez, Cluster President for the North East Africa and Levant region, Schneider Electric, and Michael Stusch, Executive Chairman and CEO of H2-Enterprises. The surplus of CO2-emission free, safe and easily storable clean hydrogen will be used for a wide range of other applications to support the energy needs of businesses in the region. Under the strategic partnership, the Forbes International Tower, planned in the UAE, Saudi Arabia and Egypt, will tackle critical energy challenges by utilising clean hydrogen produced in a climate-neutral manner from renewable waste sources to power the needs of its operations. Using the proprietary technologies of H2-Enterprises to create clean hydrogen by using previously non-recyclable plastics and other organic wastes as feedstock for its energy production and Schneider Electric’s innovative digital solutions for energy management, the Forbes International Tower will not only tackle critical energy challenges but also power the 24/7 needs of the tower’s operations in a sustainable manner. In line with the sustainable vision of the zero-carbon emissions commercial tower, Magnom Properties has signed a Memorandum of Understanding (MoU) with Schneider Electric, the leader in the digital transformation of energy management and automation, and H2-Enterprises, a global hydrogen generation and energy storage solutions company, to tap into the long-term potential of clean hydrogen to accelerate the ambitious zero carbon emission goals of the Forbes International Tower, designed by Adrian Smith + Gordon Gill Architecture (AS+GG Architecture). ![]() The LOHC technology enables hydrogen to be stored, transported and released in safe and environment-friendly manner. Magnom Properties has announced that the futuristic ‘Forbes International Tower’ will be the first-of-its-kind project in the world to run entirely on the Liquid Organic Hydrogen Carrier (LOHC) system.
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