Daimler Truck, Abu Dhabi study green hydrogen supply for fuel-cell rigs


The partners have signed an initial pact that could see shipments start by 2030. — Bloomberg

Berlin: Daimler Truck AG and Abu Dhabi agreed to explore the Gulf state’s supply of green hydrogen to power future fuel-cell rigs in Europe.

The partners have signed an initial pact that could see shipments start by 2030, the world’s biggest commercial-vehicle maker and Abu Dhabi Future Energy Co, known as Masdar, said yesterday. Masdar has committed to invest more than US$30bil in renewable-energy projects with a goal of making itself a leader in green hydrogen.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bursa Malaysia joins Asian rally as US-Iran reach peace deal
Improved market sentiment lifts ringgit at opening
Shares jump, oil skids in Asia on news of Gulf deal
Dollar hits 10-day low as US, Iran reach peace deal
Oil slips 4% as US, Iran reach peace deal to reopen Strait of Hormuz
Trading ideas: Mesiniaga, Scanwolf, Sum Tech, Silver Ridge, TMK, Lotte, Public Bank, Tan Chong, Genting Plantations, SimeProp, Samaiden, Paragon
Traders most positive on US dollar since February 2025
Samchem banks on storage
Market dip opens door for consumer stock picks
EG’s eyes on bigger margins

Others Also Read