The Abu Dhabi Department of Economic Development (ADDED) and HYCAP Group, the net zero asset management company, have signed an agreement to develop the production, storage, and transport of green hydrogen, spearheading the transition to net zero in line with the UAE’s Net Zero 2050 Strategy and National Hydrogen Strategy.
The Memorandum of Understanding (MoU) between HYCAP Middle East and ADDED will also see the two organizations join forces to assess establishing an industrial complex in Abu Dhabi with the involvement of local…
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