Abu Dhabi’s ADDED signs MoU with Broaden Energy for hydrogen manufacturing complex

June 20, 2024 |

In India, SolarQuarter reported that the Abu Dhabi Department of Economic Development (ADDED) has unveiled a Memorandum of Understanding (MoU) with Broaden Energy. Under this agreement, Broaden Energy will set up the first hydrogen equipment manufacturing complex in Abu Dhabi. The report noted that DDED and Broaden Energy will collaborate to ensure the project is in line with the UAE National Hydrogen Strategy and the Net Zero 2050 Strategy. The UAE National Hydrogen Strategy seeks to place the country among the top 10 producers of green hydrogen by 2031, with a target of producing 1.4 million tons annually. Additionally, the UAE plans to develop hydrogen hubs to speed up the industry’s adoption of hydrogen, establish a supply chain, and attract global energy companies, the report added. Arafat Al Yafei, Executive Director of the Industrial Development Bureau (IDB), ADDED’s division for industrial sector development and regulation, said: “The hydrogen complex is a key component of ADDED’s commitment to the UAE’s Net Zero 2050 targets through innovative solutions. Abu Dhabi’s vibrant industrial sector places a high priority on sustainability and continues to attract investments in key industries.”

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Category: Hydrogen

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