The Abu Dhabi Department of Economic Development (ADDED) signed an agreement with Broaden Energy, a leader in energy solutions to invest Dh1 billion ($272.3 million) in order to build the emirate’s first hydrogen equipment manufacturing complex.
This complex will be a major step forward for the UAE’s energy infrastructure. It aligns with the Abu Dhabi Industrial Strategy’s goals of promoting sustainability and developing strong industrial chains. The project is expected to create jobs, boost the region’s hydrogen economy, and encourage innovative industrial solutions, according to ADDED.
The complex is central to Added’s efforts in supporting the UAE’s Net Zero 2050 targets, said Arafat Al Yafei, executive director of Industrial Development Bureau, Added’s arm to develop and regulate the industrial sector.
“Abu Dhabi’s thriving industrial sector places sustainability at the forefront of its activities and continues to attract investments in targeted industries,” Al Yafei said.
The UAE’s Hydrogen Strategy aims to make the country one of the top 10 producers of green hydrogen by 2031 with an output target of 1.4 million tonnes per year.
