Abu Dhabi Department of Economic Development partners with HYCAP Group to establish a green hydrogen complex specializing in hydrogen-related industries and renewable energy with local partners.

The Abu Dhabi Department of Economic Development (ADDED) has partnered with UK-based asset management firm HYCAP Group for the production, storage, and transport of green hydrogen. The collaboration aims to establish an industrial complex in Abu Dhabi with the involvement of local partners. The complex will specialize in hydrogen-related industries and renewable energy development, with the goal of attracting more industrial companies and enhancing value chains within the sector.

February 05, 2024
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