Hydrogen-powered skyscrapers for KSA and UAE? Magnom Properties is exploring the launch of the hydrogen-powered Forbes International Tower in Saudi Arabia and the UAE brand with investments exceeding USD 1 bn for each location, CEO Maged Marie told Daily News Egypt earlier this week. If plans go ahead, Magnom intends to complete all three projects within five years. Magnom previously announced plans to build a USD 1 bn office tower powered by clean energy in Egypt’s new capital back in August.
What we know about these towers: These 250 meter tall buildings include 50 floors and span an area of 100k sqm, according to Marie. The projects feature advanced technology from Schneider Electric and Germany’s H2 to power the tower by clean hydrogen transported to the building as a liquid, along with solar power. The buildings aim to be the world’s first hydrogen-powered and carbon-neutral skyscrapers.
What’s next? Magnom’s Egypt tower will begin construction and sales in 2025, and units will be finalized within 36 months.