Wednesday 19 January 2022

#AbuDhabi's Masdar signs green hydrogen deals with Engie, TotalEnergies | Reuters

Abu Dhabi's Masdar signs green hydrogen deals with Engie, TotalEnergies | Reuters

Abu Dhabi renewable energy group Masdar has signed a deal to develop a green hydrogen production plant in the United Arab Emirates with France's Engie and Fertiglobe, the company said on Wednesday.

In a separate statement, it said it had also agreed with TotalEnergies (TTEF.PA) and Siemens (SIEGn.DE) to co-develop a project for sustainable aviation fuel using green hydrogen in Masdar City.

Masdar, Engie and Fertiglobe - a joint venture between chemical firm OCI N.V. (OCI.AS) and the state-owned Abu Dhabi National Oil Company (ADNOC) - will explore the co-development of an up to 200 megawatt (MW) capacity plant, Masdar said.

The deal targets the construction of an operational green hydrogen production facility by 2025 in Al Ruwais, Abu Dhabi. Fertiglobe will be the sole long-term user of the hydrogen, which will be used to produce green ammonia.

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