Brooge Energy, a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels, and crude oil storage, has announced a partnership with Siemens Energy, to build a plant that can produce green hydrogen and ammonia using solar PV in Abu Dhabi.
Brooge Energy and Siemens Energy signed a Memorandum of Understanding (MoU) to kickstart the partnership in a special event at the World Government Summit 2023.
As per the deal, the two companies will join forces to develop the plant and explore other areas of collaboration in clean energy, with the Ministry of Energy and Infrastructure set to offer them facilities.
The event drew the participation of Sharif Al Olama, Under-Secretary of the Ministry of Energy and Infrastructure for Energy and Petroleum Affairs, Ahmed Al Kaabi, Assistant Under-Secretary for Petroleum, Gas, and Mineral Resources at the Ministry of Energy and Infrastructure, as well as senior leadership from the two companies.
Al Olama said, “Energy transition has long been a strategic priority of the UAE. In line with the objectives of the UAE Energy Strategy 2050 and the UAE Net Zero by 2050 Strategic Initiative, we are taking confident steps to incorporate emerging energy sources, particularly hydrogen, in our energy mix to ensure we are on a low-carbon development path.”
“The Ministry is working on developing a robust green hydrogen industry in the UAE. We have launched the UAE Hydrogen Leadership Roadmap that aims to establish the country as a competitive exporter of hydrogen and are currently updating the UAE Energy Strategy 2050 to reflect the country’s future aspirations in line with our role as the host of the 28th UN Climate Change Conference (COP28)”, he stated.