Forbes International Tower, in New Cairo, will pioneer use of hydrogen to achieve zero-carbon rating
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.
The LOHC technology pioneers new levels of sustainable power within a structure and enables hydrogen to be stored, transported and released in a safe and environmentally-friendly manner. The highly innovative, eco-responsive tower will be set in the heart of the rapidly-rising New Administrative Capital in Cairo, Egypt.
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. They will together tap into the long-term potential of clean hydrogen to accelerate the ambitious zero carbon emission goals of the Forbes International Tower, which is designed by Adrian Smith + Gordon Gill Architecture (AS+GG Architecture).
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 – along with 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.
The announcement follows Magnom Properties revealing it was working with Adrian Smith + Gordon Gill Architecture, (AS+GG Architecture) and Chicago’s The Carbon Lab to deliver a series of sustainable projects across Saudi Arabia in December 2022.
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 signing ceremony took place at the offices of Magnom Properties at ICD Brookfield Place at the Dubai International Financial Centre (DIFC).
“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,” said Othman A Ibrahim.
“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.”
Maged Marie added: “Clean hydrogen represents the future of electricity generation. 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.
“The partnership with Schneider Electric and H2-Enterprises further reinforces our commitment to building a self-sustaining, environmentally intelligent structure, and places the Forbes International Tower at the forefront of revolutionising the sustainability landscape in the region.”