Abu Dhabi and UK partner plan green hydrogen complex

Abu Dhabi and UK partner plan green hydrogen complex

Abu Dhabi has linked up with Hycap, an asset manager that funds net zero projects, to develop an industrial complex for green hydrogen. The facility will include an electrolysis plant, hydrogen storage and tankers for transport. The partnership between Abu Dhabi Department of Economic Development (ADDED) and UK business Hycap hopes to attract international companies […]

Hycap links up with ADDED

Aims to boost industrial sector

Plant and storage to be built

Abu Dhabi has linked up with Hycap, an asset manager that funds net zero projects, to develop an industrial complex for green hydrogen.

The facility will include an electrolysis plant, hydrogen storage and tankers for transport.

The partnership between Abu Dhabi Department of Economic Development (ADDED) and UK business Hycap hopes to attract international companies to the complex and bolster the sector’s value chain as part of the emirate’s green hydrogen ambitions.

Abu Dhabi published its hydrogen policy and regulatory framework in 2022 and announced last year that it intends to roll out a carbon certification framework for the hydrogen industry in 2024. 

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ADDED also wants the green hydrogen complex to bolster Abu