Abu Dhabi players form green hydrogen alliance

Abu Dhabi

ABU DHABI, January 18, 2021 – Abu Dhabi investment firms Mubadala and ADQ and state energy company ADNOC have joined together to form an alliance to develop low-carbon green and blue hydrogen projects.

The Abu Dhabi Hydrogen Alliance will “work together to build a substantial green hydrogen economy in the UAE” and make the emirate a leading supplier of low-carbon green and blue hydrogen to international markets, the Abu Dhabi Media Office said on Sunday.

Also on Sunday, Mubadala Investment Company and Siemens Energy separately signed an MoU to form a strategic partnership to support the development of advanced technology, manufacture of equipment and green hydrogen and synthetic fuel production.

“This alliance integrates our complementary strengths as industrial, energy and financial leaders to address the global challenge of meeting energy demand, while reducing emissions,” said H.E. Dr. Sultan Ahmed Al Jaber, minister of industry and advanced technology and ADNOC Group CEO.

“ADNOC will place special emphasis on pursuing blue hydrogen projects by expanding on its existing hydrogen capacity, leveraging its significant gas reserves and best-in-class infrastructure, as well as its extensive customer relationships to help advance the hydrogen industry, both domestically and internationally.”

For more on ADNOC’s approach to the energy transition and smart growth, read our latest interview with CEO Dr. Sultan Ahmed Al Jaber.

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