The Abu Dhabi Department of Economic Development has signed a preliminary agreement with energy solutions company Broaden Energy, which will invest Dh1 billion ($272.3 million) to open a hydrogen equipment manufacturing centre in the emirate.
This will be the first hydrogen equipment manufacturing complex in Abu Dhabi, enhancing the UAE's energy infrastructure.
The centre is expected to support the objectives of Abu Dhabi Industrial Strategy by promoting sustainability and developing value chains. It will boost the region’s hydrogen economy, create new job opportunities and stimulate economic development and innovative industrial solutions, Added said on Friday.
Read more