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(Siemens/ElectricEnergyOnline) Siemens Energy and Mubadala join strategic partnership to accelerate green hydrogen capabilities in Abu Dhabi; Siemens Energy to collaborate with Masdar and partners on developing clean hydrogen fuels
Siemens Energy is advancing the development of green hydrogen ecosystems in the UAE. Around the Abu Dhabi Sustainability Week, two Memorandums of Understanding (MoU) were signed with Mubadala Investment Company as well as with Masdar and other partners to jointly drive UAE’s green hydrogen sector and the production of synthetic fuels.
Strategic Partnership with Mubadala
On 17 January, Siemens Energy and Mubadala Investment Company (Mubadala), the Abu Dhabi state-owned global investment firm, signed a Memorandum of Understanding (MoU) with the intention of creating a strategic partnership to drive investment and development of advanced technology, manufacture of equipment, and green hydrogen and synthetic fuel production. The initial focus of activit
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By Jack Burke18 January 2021
Synthetic fuels part of goal
Siemens Energy has entered a partnership designed to accelerate green hydrogen capabilities in the United Arab Emirates (UAE).
The company said it signed memorandums of understanding (MoU) with Mubadala Investment Co. and Masdar and other partners to help drive UAE’s green hydrogen sector and the production of synthetic fuels. Mubadala Investment is the state-owned investment firm.
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Porsche joins project to create climate-neutral eFuels from wind power
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FRANKFURT Porsche has joined Siemens Energy and other companies in a pilot program aimed at producing climate-neutral synthetic fuel on an industrial scale from wind power.
Munich-based Siemens Energy is building the 36-million-euro ($44 million) wind power plant in in Magallanes Province in southern Chile.
The plant will produce electrofuels (eFuels) in a process that uses renewable energy, water and carbon dioxide as its main inputs with oxygen as the chief emission.
The final product is a synthetic gasoline that is 90 percent less carbon-intensive than its petroleum-based counterpart, while simultaneously being compatible with existing infrastructure and cars.
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