Abu Dhabi Ports Group and Masdar has signed a Memorandum of Understanding (MoU) to develop green hydrogen project. The agreement was signed during COP 28 summit.

Under the terms of the agreement, AD Ports and Masdar will jointly explore the development of a green hydrogen production hub within Khalifa Economic Zones Abu Dhabi (KEZAD). The green hydrogen hub will serve both domestic and international markets.

The UAE’s National Hydrogen Strategy is to increase domestic hydrogen production to 15 million metric tons annually by 2050, from 1.4 million metric tons annually by 2031. Masdar has signed and executed many international collaboration agreements to increase the annual global capacity for producing green hydrogen to one million metric tons by 2030.

Recently, Masdar signed multiple agreements to explore green hydrogen projects in Jordan and Spain. Additionally, Masdar is also collaborating with Iberdola on green energy projects.

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This hydrogen production hub will include export terminals where the green hydrogen will be exported to overseas ports.  This project will offer KEZAD and Khalifa Port tenants a chance to develop industries and attract more investments, adding to the green hydrogen value chain across the world.

Details About KEZAD 

About Masdar

The Abu Dhabi Future Energy Company, also known as Masdar, is a United Arab Emirates state-owned renewable energy company. It was founded in 2006 as a subsidiary of the UAE state-owned Mubadala Investment Company. Masdar is one of the world's leading renewable green energy companies, and it is active in over 40 countries. 

The company has invested in a wide range of renewable energy projects, including solar power, wind power, and hydropower. Masdar has a lot of exciting upcoming projects across various sectors, all focused on sustainable development and clean energy. Here's a quick breakdown of some key areas:

• 1 GW solar projects in Abu Dhabi, UAE
• 4 GW green hydrogen project in Egypt
• 1 GW green hydrogen Project Jordan

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