Smartenergy, a leading firm in the green hydrogen sector, has obtained a commercial license from the Registration Authority of Abu Dhabi Global Market (ADGM) and inaugurated its new office in the financial hub of Abu Dhabi on Al Maryah Island. This strategic move grants the Swiss company access to new global financial markets, facilitating the expansion of its renewable energy investment strategy.
As green hydrogen currently represents only a fraction of total hydrogen production, there is a pressing need for significant investments in renewable infrastructure and innovative solutions. This is particularly crucial for hard-to-abate industries, as well as the aviation and maritime sectors, according to Smartenergy.
Horst H. Mahmoudi, Chief Executive and Executive Chairman of Smartenergy, emphasized the strategic importance of venturing into the UAE market, stating, “Our venture into the UAE is a strategic decision to place Smartenergy at the nexus of the world's emerging new energy hubs. Under its visionary leadership, the UAE is spearheading the worldwide push towards clean and renewable energy. We are committed to supporting these initiatives by catalyzing green molecule markets.”
