The UAE's Ministry of Industry and Advanced Technology has signed an agreement with Russia's Ministry of Industry and Trade to collaborate in hydrogen fuel technology.
They will focus on developing technologies to achieve a carbon-neutral industrial sector and find ways to support the production, storage and transportation of hydrogen.
The agreement on Wednesday follows the signing of a joint task force between the UAE and Russia to collaborate in the energy sector – particularly in renewables.
“Working with the ministry of industry and trade in Russia on hydrogen fuel complements our nations’ longstanding relationship and reflects new directives to find clean and sustainable energy sources, especially as the global economy begins to recover from the repercussions of Covid-19,” said Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and managing director and group chief executive of Adnoc.
The agreement comes as major oil producers such as the UAE, Saudi Arabia and Russia revealed their targets to achieve net-zero emissions by the middle of the century.
They are expected to significantly boost their investments in clean energy to cut emissions and develop more sustainably.
The UAE has pledged to invest Dh600 billion ($163bn) in clean energy over the next three decades, as it aims to achieve net-zero emissions by 2050.
Currently, the UAE has the world’s cheapest solar power and is home to three of the largest solar complexes in the world. It is also the first Arab country to develop a peaceful nuclear energy programme.
On Wednesday, Adnoc and utilities company Taqa announced the formation of a joint venture to invest in renewable energy and green hydrogen. The new entity will have a generating capacity of 30 gigawatts by 2030.
Hydrogen is increasingly being prioritised for development in the Middle East as a viable, clean fuel.
Green hydrogen uses renewable energy to power electrolysis, which splits water molecules into hydrogen and oxygen.
Adnoc, holding company ADQ and investment company Mubadala entered into an alliance earlier this year to develop a hydrogen economy in the UAE.
The UAE is developing a broad roadmap for the use and export of hydrogen.