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Adnoc allocates Dh55b to low-carbon solutions - Vimarsana News

Adnoc allocates Dh55b to low-carbon solutions

Huge funds earmarked for landmark decarbonization projects by 2030 including carbon capture, electrification, new CO2 absorption technology and enhanced investments ...

Mubadala, Siemens join hands to produce green hydrogen and synthetic fuels - Vimarsana News

Mubadala, Siemens join hands to produce green hydrogen and synthetic fuels

Dubai: Mubadala and Siemens Energy have signed an initial agreement to establish an Abu Dhab-based ‘world-class’ player in the synthetic fuels sector. The initial focus of activity will be in UAE’s capital before expanding to international markets over time, the companies said in a statement on Sunday. The firms will utilize renewable energy to produce green hydrogen and synthetic fuels, providing clean and transportable energy to fuel new hydrogen-based ecosystems that are supplied from the UAE. They will also jointly advance technology and drive down the costs of green hydrogen and sy...