Khalifa Economic Zones Abu Dhabi (KEZAD), the largest operator of integrated and purpose-built economic zones, and Broaden Energy have signed a 50-year land lease agreement to establish a state-of-the-art manufacturing facility in KEZAD Area A (KEZAD Al Ma’mourah).
The agreement was signed at the fourth edition of Make it in the Emirates (MIITE) in Abu Dhabi. This marks the first phase of Broaden Energy’s new manufacturing complex, publicly announced in partnership with the Abu Dhabi Department of Economic Development (ADDED) last year.
It represents a major expansion of the company’s capabilities to locally manufacture hydrogen generation, refueling, and storage systems in the UAE and will be the first and largest facility of its type in the region.
Broaden Energy a UAE company, has invested AED 455 million ($124 million) to set up its 80,000 square meter facility that will deliver sustainable solutions utilizing renewable sources of energy such as hydrogen, solar and wind power. Operations at the company’s new facility in KEZAD are set to create around 1000 direct permanent new jobs.
Abdullah Al Hameli CEO – Economic Cities & Free Zones, AD Ports Group
“Renewable energy is crucial to Abu Dhabi’s mission to diversify the energy mix for economic development. In alignment with the UAE Energy Strategy 2050 for net zero emissions, we are highly focused on expanding the scope for renewable energy sector growth in KEZAD. The partnership with Broaden Energy reinforces our commitment to facilitate manufacturing innovation for the sector.”
Adnan Sokolija, CEO of Broaden Energy, said that, “The agreement with KEZAD marks a critical step in Broaden Energy’s expansion plans. We are committed to developing advanced solutions that not only align with the nation’s local manufacturing initiatives for long-term industrial growth but also contribute to Abu Dhabi’s clean energy development.”
