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10/28/24, 3:36 PM Three New Renewable Energy Technology-focused Businesses Join The UAE's NextGenFDI Initiative
hours. HyGreen Energy is creating water electrolysis hydrogen equipment for a
range of industries, including petrochemical and steel. Finally, Enpower Greentech
is contributing to the revolution in the battery industry with its solid-state batteries
(ASSBs), which were developed in partnership with top automotive OEMs and
eVTOL companies worldwide.
Dr. Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, welcomed
the three firms’ arrival and emphasised how the NextGenFDI initiative is fostering
innovation in vital sectors like sustainable energy in the United Arab Emirates.
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