Siemens Energy Signs Deals to Develop Green Hydrogen Sector in UAE

Leading energy technology company Siemens Energy has signed two Memorandums of Understandings (MoUs) to drive green hydrogen sector and the production of synthetic fuels in the UAE.

On the significance of the partnerships, Armin Schnettler, Executive VP of the New Energy Business at Siemens Energy, commented “these significant agreements highlight the importance of collaboration with a strong and diverse group of partners across industrial sectors, to drive forward and realize the potential of green hydrogen in decarbonisation.”

The MoUs were signed with Mubadala Investment Company, the Abu Dhabi state-owned global investment firm, as well as with Masdar, one of the world’s leading renewable energy companies, and other partners on the sidelines of Abu Dhabi Sustainability Week.

“These agreements highlight the important of strong partnerships as well as the determination by the governments to invest in innovative technologies to drive sustainable growth and decarbonization,” said Dietmar Siersdorfer, Managing Director Siemens Energy Middle East.

As per the strategic partnership with Mubadala, the two companies will work on driving investment and development of advanced technology, manufacture of equipment, and green hydrogen and synthetic fuel production.

Initially, the focus will be on Abu Dhabi and over time this partnership will be extended to other international markets.

Commenting on the partnership, Musabbeh Al Kaabi, Chief Executive Officer of UAE Investments at Mubadala Investment Company, said that “Mubadala is strongly committed to the development of the UAE’s hydrogen economy, and we are pleased to be extending our relationship with Siemens Energy in this important emerging energy sector.”

“Through this strategic partnership, we expect to be able to leverage Abu Dhabi’s strong foundations for the production and sale of green hydrogen, prove a strong business case and attract investment for the development of new facilities, and establish Abu Dhabi as a reliable supplier of green hydrogen to emerging global markets,” Musabbeh Al Kaabi added.

Under the MoU with Masdar, the first initiative and the broader Abu Dhabi Hydrogen Alliance will be the consideration of a demonstrator plant located at Masdar City, to be developed under a specific agreement.

Together with Masdar, Siemens Energy announced that it will be joining forces with the Abu Dhabi Department of Energy, Etihad Airways, German Lufthansa, Marubeni Corporation and Khalifa University on an ambitious project that will help pave the way for the development of the UAE’s green hydrogen economy.

Under this MoU, the organisations aimed to setup a photovoltaic (PV) powered electrolyzer facility, to demonstrate green hydrogen production technology and present sustainable fuel use cases.

During the first phase of the demonstration program, the focus will be on the production of green hydrogen for passenger cars and buses in the Masdar City area. In parallel, a kerosene synthesis plant will be built to convert the majority of the green hydrogen into sustainable aviation fuel. While in the second phase, the production of decarbonized fuels for the maritime sector will be explored.

“Green hydrogen has the potential to become the foundation fuel for a future clean economy, and will be a game-changer for decarbonisation strategies as we look to achieve climate goals and deliver a more sustainable future for all,” said Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar.