Money and business

"source" and"Union trains" Explore transportation solutions that support the national green hydrogen system

Abu Dhabi, October 4 / WAM / Abu Dhabi Future Energy Company, “Masdar”, signed the global leading UAE company in the field of clean energy and green hydrogen, and the “Federation Trains” company, the developer and operator of the National Railways Network, a memorandum of understanding to explore transportation solutions that support the value chain of the green hydrogen system in the country.

Under the agreement, the two companies will study the opportunities available to benefit from the growing national union train network, with the aim of supporting the process of transferring raw materials and products within the green hydrogen system and its derivatives, including hydrogen, ammonia, methanol, sustainable flying fuel, and others.

The signing ceremony of the agreement was attended by His Excellency Shadi Malik, CEO of Al -Ittihad Train Company, Muhammad Jamil Al -Ramahi, CEO of “Masdar” Company, and the agreement was signed by Dr. Faia Al -Harash, Director of Assistant Department, Business Development in the UAE, Masdar Company, and Virgin Mansouri, Director of Public Policy and Sustainability Department at the Federation trains.

“Cooperation with the” Masdar “company on the role of railways as a major pillar is based on sustainable logistical operations in the UAE, and our network will provide vital infrastructure for the transport of green hydrogen and its derivatives on a large scale, in order to support innovation, energy security and long -term economic development, and the partnership reflects the commitment of the Federation trains to build partnerships A strategy that contributes to accelerating the pace of transformation in the energy sector. “

For his part, Mohamed Jamil Al -Ramahi, CEO of Masdar, said, “This strategic partnership that brings us together with the Federation trains contribute to enhancing our ability to transport green hydrogen and its derivatives on an industrial scale, which contributes to supporting a qualitative shift in the energy sector as well Carbonism and the achievement of sustainable economic and social development. “

Source is looking to be a leading green hydrogen product and its derivatives worldwide by 2030, as the company works to invest and develop commercial projects and build expandable platforms in the main markets around the world.

The Federation trains provide shipping services in various parts of the UAE, where industrial areas are connected to seaports, while passenger services are scheduled to be launched in 2026.

Related Articles

Back to top button