Press release
CMMZE Invest Limited and PERIC Hydrogen Technologies Co., Ltd Form Strategic Consortium
Abu Dhabi, UAE & Handan, China - 19 August, 2024 - CMMZE Invest Limited and PERIC Hydrogen Technologies Co., Ltd are proud to announce the formation of a strategic consortium dedicated to the development of green hydrogen projects.
Consortium Agreement Overview:
Under the agreement, CMMZE and PERIC will collaborate on a major initiative to develop, finance, build, operate, and maintain renewable electricity production units. The consortium's initial focus will be a 550MW green hydrogen production facility in Tunisia, marking a significant milestone in the global transition to sustainable energy.
Key Details:
- Consortium Name: CMMZE-PERIC
- Representative of the Consortium: CMMZE Invest Limited
- Initial Project: Development of a 550MW facility for green hydrogen production in Tunisia.
- Project Scope: Development of renewable electricity units, electricity storage systems, and necessary transmission lines.
- Objective: To implement green hydrogen projects, starting with ongoing procedures with the Tunisian Ministry of Industry, Mines, and Energy (MIME).
Responsibilities and Coordination:
CMMZE, as the Representative of the Consortium, will oversee all project-related activities, including negotiations, application submissions, and agreement signings. PERIC will provide its expertise in hydrogen technologies to support the technical and operational components of the project.
Project Duration and Legal Framework:
The consortium agreement aligns with the duration of the Memorandum of Understanding (MoU) with MIME and subsequent implementation agreements. The consortium will operate under the rules of the International Chamber of Commerce (ICC) for arbitration, with the place of arbitration set in Paris and English as the language of proceedings.
Statements from the Representatives:
- Mr. Alex Vancauwenbergh, Manager of CMMZE Invest Limited: "We are excited about this collaboration with PERIC, which aligns with our vision for advancing green energy. The 550MW facility is a significant starting point for what we aim to achieve together in the realm of sustainable development."
- Mr. Lu Jian, Business Manager of PERIC Hydrogen Technologies Co., Ltd: "Collaborating with CMMZE is an honor. Our joint efforts in developing the 550MW green hydrogen facility in Tunisia will set a new standard for future projects in sustainable energy."
About CMMZE Invest Limited:
CMMZE Invest Limited, based in Abu Dhabi, UAE, specializes in investment in renewable energy and sustainable development projects. Aldo Labia, the founder of CMMZE Invest Limited, brings a wealth of experience in sustainable energy investments to this strategic consortium. Known for his innovative approach and commitment to renewable energy, Labia has been instrumental in steering CMMZE toward significant global partnerships. His leadership and strategic foresight are key drivers behind the company's ambitious projects and its focus on advancing the green hydrogen economy.
About PERIC Hydrogen Technologies Co., Ltd:
PERIC Hydrogen Technologies Co., Ltd, headquartered in Handan, China, is a leading provider of hydrogen technology solutions, dedicated to advancing the global hydrogen economy.
Media Contact
Company Name: CMMZE
Contact Person: Media Relations
Email: Send Email [http://www.universalpressrelease.com/?pr=cmmze-invest-limited-and-peric-hydrogen-technologies-co-ltd-form-strategic-consortium]
Country: Monaco
Website: http://CMMZE.net
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release CMMZE Invest Limited and PERIC Hydrogen Technologies Co., Ltd Form Strategic Consortium here
News-ID: 3626823 • Views: …
More Releases from Getnews
Ozark-Based Financial Firm Rebrands as Ozarks Retirement Group
Trinity Insurance & Financial Services Inc., a leading financial planning firm with hundreds of millions of dollars under management, announced today it will officially rebrand as Ozarks Retirement Group LLC effective September 1, 2025.
Founded in 2008, the firm has established itself as a trusted partner in retirement financial planning, serving more than 1,500 clients and managing over $400 million in assets. The rebrand reflects the firm's dedication to helping individuals…
Stuart Curry Dentistry Provides Preventive Care Services in Birmingham to Improv …
Image: https://www.globalnewslines.com/uploads/2025/01/1738071949.jpg
Stuart Curry Dentistry is turning dental visits into a reason to grin, delivering top-notch preventive care that leaves Birmingham residents feeling confident and refreshed.
Stuart Curry Dentistry is turning dental visits into a reason to grin, delivering top-notch preventive care that leaves Birmingham residents feeling confident and refreshed. Offering comprehensive Dental Checkups in Birmingham [https://www.barchart.com/story/news/32975086/healthy-teeth-healthy-life-visit-stuart-curry-dentistry-in-birmingham-al-for-comprehensive-dental-cleanings], the practice makes oral health a breeze for patients of all ages, from first-timers to…
Shifton Announces Release of a Buyer's Guide to Modern WFM Platforms
New guide helps organizations evaluate workforce management software with practical criteria for unified workforce operations SaaS, labor management, and payroll integration.
Image: https://www.globalnewslines.com/uploads/2025/09/c832fa9868dee76cc7fa45a75ecffc0b.jpg
Shifton [https://shifton.com?utm_source=pressrelease&utm_medium=referral&utm_campaign=buyersguide] today announced the release of a new buyer's guide designed to help organizations evaluate workforce management (WFM) solutions in a crowded and fragmented software market. The Shifton buyer's guide [https://shifton.com/blog/modern-wfm-platforms-buyers-guide/?utm_source=brandpush&utm_medium=pr&utm_campaign=wfm_short_guide_2025&utm_content=primary], available on the company's website, highlights the core structural features businesses should prioritize when selecting a modern…
Environment Saver Plastic Pyrolysis Facility Accepts Initial Feedstock Ahead of …
Image: https://www.globalnewslines.com/uploads/2025/09/1757507774.jpg
$CLNV is a Technology Innovation Leader in Plastic Conversion and Circular Oil Development
* Emerging Leader in Plastic Conversion and Circular Oil Development Projects.
* Working Towards Efficient, Cost-Effective Technology Solutions to Address the Global Plastic Crisis, Creating Economic Opportunity and Social Benefits.
* Clean-Seas Pyrolysis Deployment with Strategic Alliances for Plastic Diversion and Conversion, Including Plastic Feedstock and Off-Take Agreements.
* Clean Vision Subsidiary…
More Releases for CMMZE
Aldo Labia, Monaco-Based Owner of CMMZE, Sells Shipping Holding to Asian Interes …
Image: https://www.getnews.info/wp-content/uploads/2024/08/1723901983.jpeg
Abu Dhabi, UAE & Handan, China - 19 August, 2024 - Aldo Labia, the Monaco-based entrepreneur and owner of the renowned shipping holding company CMMZE, has successfully sold his firm to an Asian conglomerate for an impressive $700 million USD.
This significant transaction marks a major strategic move in the global shipping and logistics sector, as CMMZE transitions to new ownership under rapidly expanding Asian interests.
CMMZE, a leader in the…
CMMZE and Das Solar Form Consortium to Develop Green Hydrogen Projects
Image: https://www.getnews.info/wp-content/uploads/2024/08/1723901425.jpeg
Abu Dhabi, UAE & Zhejiang, China - 19 August, 2024 - CMMZE Invest Limited (CMMZE) and Das Solar Co., Ltd. (Das Solar) are pleased to announce the formation of a strategic consortium aimed at developing, financing, building, operating, and maintaining renewable energy projects for green hydrogen production.
This landmark partnership marks a significant step towards advancing sustainable energy solutions and reducing carbon footprints globally.
The consortium, named "CMMZE-Das Solar," will focus…
