A Memorandum of Understanding (MoU) has been announced between the Abu Dhabi Department of Economic Development (ADDED) and Broaden Energy, a leader in hydrogen energy solutions globally. As per the terms of this deal, Broaden Energy will establish the first manufacturing complex for hydrogen equipment in Abu Dhabi. The objective of this program is to reinforce the Abu Dhabi Industrial Strategy (ADIS) through the promotion of sustainability, the establishment of value chains, and the establishment of Abu Dhabi as the primary industrial hub in the region.
The new manufacturing complex, which would require an investment of more than AED 1 billion, will be essential to the hydrogen economy of the area as it will generate employment, foster economic growth, and support creative industrial solutions.
Arafat Al Yafei, Executive Director of the Industrial Development Bureau (IDB), ADDED’s division for industrial sector development and regulation, stated, “We are honored to support Broaden Energy in leading this initiative, which represents a major milestone in achieving our vision for Abu Dhabi’s industrial future. 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.”
Adnan Sokolija, CEO of Broaden Energy, remarked, “Establishing the first hydrogen equipment manufacturing complex in Abu Dhabi demonstrates our commitment to advancing renewable energy and supporting the UAE’s strategic vision. We are thrilled to partner with ADDED to bring this innovative project to fruition and help build a sustainable future.”
To make sure the project complies with the UAE National Hydrogen Strategy and the Net Zero 2050 Strategy, ADDED and Broaden Energy will work together. With an annual production target of 1.4 million tonnes, the UAE National Hydrogen Strategy aims to rank the nation among the top 10 producers of green hydrogen by 2031. In order to create a supply chain, attract international energy companies, and expedite the industry’s adoption of hydrogen, the UAE also intends to build hydrogen hubs.