Things are happening on the analyst and investor front: BlackRock has raised its position in Hyzon Motors. Over 100 institutional investors are already involved. The largest of these is the Saudi Arabian state fund PIF, which holds over 8 million shares. Billionaire Izzy Englander named Hyzon as one of his top three picks and acquired 1.36 million shares.
Oman and Saudi Arabia’s plans to export solar energy
Sun-soaked countries around the world are inevitably destined for solar-powered hydrogen production. Yet while many look to Australia, Chile or Morocco as prime locations, the Middle East is also gaining attention. Nations such as Saudi Arabia, Kuwait and the Sultanate of Oman, well known for their bountiful oil resources, have now recognized another useful asset – their copious sunshine – and one which is ideally suited to making hydrogen.