This year's COP is taking place in the UAE
COP28 brings flurry of UAE hydrogen deal-making
Deals announced by Abu Dhabi clean energy developer Masdar are strongly focused on developing hydrogen supplies to Europe
The UAE’s energy companies took advantage of COP28 taking place on home turf to engage in a flurry of green hydrogen deal-making, highlighting the country’s ambition to become a major global player in the sector. Abu Dhabi’s government-owned Masdar took the lead, signing over a dozen investment agreements. The company’s aim is to grow its portfolio to 100GW of renewables and 1mt/yr of green hydrogen by 2030. Most of the deals entailed the development of pure renewables, with the subsequent use of some of the output in the production of green hydrogen a stated or unstated possibility. Green hydrogen deal-making was primarily focused on Europe and its potential suppliers. A non-binding heads o
Also in this section
31 March 2025
Saudi Aramco’s blue hydrogen progress is a clear reminder that energy companies pivoting in search of greater returns may not be throwing the H₂ baby out with the bathwater
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
27 March 2025
Region has all the ingredients to become a green hydrogen powerhouse but faces plenty of barriers and stiff competition
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
