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Masdar, one of the world’s leading renewable energy companies, has announced that it is joining forces with Abu Dhabi Department of Energy, Etihad Airways, Lufthansa Group, Khalifa University of Science and Technology, Siemens Energy, and Marubeni Corporation, in an initiative designed to support the development of the green hydrogen economy in Abu Dhabi, UAE.
Senior Executives from each organisation signed a Memorandum of Understanding (MoU) at a virtual signing ceremony on 17 January 2021, held prior to the start of Abu Dhabi Sustainability Week (ADSW), taking place virtually in the UAE capital.
The initiative aims to establish a demonstrator plant at Masdar City, Abu Dhabi’s flagship sustainable urban development community, to explore the development of green hydrogen, sustainable fuels and e-kerosene production for transport, shipping, and aviation. Masdar, Siemens and Marubeni will jointly develop the infrastructure to implement the demonstration project and