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Cleaner Energy Solutions

Cleaner Energy Solutions

We are investing in the diverse and new sources of energy the world needs to progress a responsible and realistic energy transition.

In partnership with the Abu Dhabi National Energy Company (TAQA) and Mubadala Investment Company (Mubadala), we are shareholders in Abu Dhabi Future Energy Company (Masdar) – Abu Dhabi’s flagship clean energy company. The partnership will rapidly grow Masdar under an expanded mandate covering renewable power, hydrogen and other enabling clean energy technologies.

Through our partnership with Masdar, we will take the lead in scaling up its green hydrogen business and target an annual green hydrogen production capacity of up to 1 million tonnes by 2030, equivalent to saving more than six million tons of CO2 emissions.

We will also increase production of blue hydrogen, enabled by the expansion of our carbon capture, utilization, and storage capabilities.