Broaden Energy And ADDED Signs MoU For Hydrogen Equipment Manufacturing Complex

Facebook
Twitter
LinkedIn
Broaden Energy And ADDED Signs MoU For Hydrogen Equipment Manufacturing Complex In Abu Dhabi wherein Broaden Energy invests AED 1bln to build it. This complex aims to support the goals of the Abu Dhabi Industrial Strategy (ADIS), advancing sustainability, developing value chains, and strengthening Abu Dhabiโ€™s position as the regionโ€™s most competitive industrial hub.
Broaden Energy And ADDED Signs MoU For Hydrogen Equipment Manufacturing Complex In Abu Dhabi. Image courtesy: ADDED

The Abu Dhabi Department of Economic Development (ADDED) recently announced the signing of a Memorandum of Understanding (MoU) with Broaden Energy, a global leader in hydrogen energy solutions. ย 

Broaden Energy And ADDED Signs MoU For Hydrogen Equipment Manufacturing Complex In Abu Dhabi.

According to Industry sources, under this agreement, Broaden Energy will establish the first hydrogen equipment manufacturing complex in Abu Dhabi. This complex focuses on to support the goals of the Abu Dhabi Industrial Strategy (ADIS), advancing sustainability, developing value chains, and strengthening Abu Dhabiโ€™s position as the regionโ€™s most competitive industrial hub.

Broaden Energy invests AED 1bln to establish hydrogen equipment manufacturing complex in Abu Dhabi

According to Industry sources, the latest manufacturing complex, with over AED 1 billion in investments, will take center stage for the regionโ€™s hydrogen economy, producing job opportunities and triggering economic development and innovative industrial solutions.

Eng. Arafat Al Yafei, Executive Director of the Industrial Development Bureau (IDB)

Eng. Arafat Al Yafei, Executive Director of the Industrial Development Bureau (IDB), ADDEDโ€™s arm to develop and regulate the industrial sector, commented: โ€œWe are proud to support Broaden Energy on pioneering this initiative, which marks an important step toward achieving our goals for Abu Dhabiโ€™s industrial future. The hydrogen complex is central to ADDEDโ€™s efforts in supporting the UAEโ€™s Net Zero 2050 targets through innovative solutions. Abu Dhabiโ€™s thriving industrial sector places sustainability at the forefront of its activities and continues to attract investments in targeted industries.โ€

Mr. Adnan Sokolija, CEO of Broaden Energy, stated โ€œEstablishing the first hydrogen equipment manufacturing complex in Abu Dhabi is a testament to our commitment to advancing renewable energy and supporting the UAE’s strategic vision. We are excited to collaborate with ADDED to bring this groundbreaking project to life and contribute to a sustainable future.”

Industry sources further confirmed that the recent MoU between ADDED and Broaden Energy will facilitate an enduring exchange of knowledge and research, with complete aim on renewable energies and green hydrogen technologies. As an integral facet of Abu Dhabiโ€™s ever-growing industrial sector, the partnership focuses on to drive innovation, accelerate the adoption of clean energy solutions, and encouraging efforts to combat climate change.

Industry sources further confirmed that ADDED and Broaden Energy will cooperate closely to ensure the project aligns with the strategic goals of the UAE National Hydrogen Strategy and the Net Zero 2050 Strategy. The UAEโ€™s National Hydrogen Strategy aims to make it a top 10 producer of green hydrogen by 2031 with an output target of 1.4 million tonnes per year. The UAE also plans to establish hydrogen hubs to accelerate industry adoption of hydrogen, cultivating a supply chain and enabling infrastructure to attract global energy players.

Source

Share.

RELATED POSTS

Tim Baldwin Provost of MBZUAI (Left) and Hazeem Sultan Al Suwaidi, CEO of Borouge (Right). Image courtesy: Borouge
Borouge Collaborates with MBZUAI to Boost AI Innovation And Internship
Raya Holding for Financial Investments proudly announces a strategic partnership between Aman for Non-Banking Financial Services and Digital Payments, Jarir Bookstore, the largest retail company in Saudi Arabia and a leading distributor of electronics, books, and stationery in the GCC, and Al-Manea, the leading retail companies specializing in home appliances. Image courtesy: Raya Holding
Raya Holding Announces The Partnership with Aman Holding, Jarir Bookstore and Al-Manea
Savills Middle East has announced the appointment of Sunil Parmar to lead Building Surveying services across the Middle East within its Building and Project Consultancy (BPC) service line. Image courtesy: Savills Middle East
Sunil Parmar Joins Savills as Leader of Building Surveying Services across ME

LATEST POSTS

David Minarsch, Founding Member of Olas and CEO of Valory. Image Courtesy: Valory
Ooredoo Qatar, the nation's leading telecommunications provider, in partnership with Huawei, has successfully launched the Next Generation IdeaHub S3. image courtesy: Ooredoo
Revive ME 2025
Dominic Arel, Vice President of Operations for Middle East, United Hospitality Management. Image Courtesy: United Hospitality Management