iPC and IIH launch joint venture to build the first phase of UAE green hydrogen platform
In India, BioEnergy Times reported that Innovation Platform Capital (iPC) of Luxembourg and Intelligent Investment Holding (IIH), registered at the Abu Dhabi Global Market (ADGM), have announced the formation of a strategic joint venture to develop a green hydrogen production platform in the United Arab Emirates, targeting both domestic supply and international export markets.
The initiative will be developed across multiple phases, with the first representing a $1 billion integrated program spanning the full green hydrogen value chain, from renewable power generation and hydrogen production through to storage, conversion, and downstream industrial utilization. The platform is modeled on iPC’s $10 billion Canadian platform and will deploy green hydrogen-to-ammonia solutions using the UAE’s structural advantages, including its solar resources, port infrastructure, industrial free zones, desalination expertise, and data-centre and smart-city energy requirements, according to the report.
The platform will pursue several product pathways, including green hydrogen supply for refineries and industrial clusters, green ammonia for export markets and marine fuel applications, hydrogen-based cooling and clean power for data centers, and future development of e-fuels and synthetic sustainable fuels, it added.
Category: Hydrogen
