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A Step Toward a Greener Future – Brooge Renewable Energy Ltd and Siemens Energy Announce Partnership at the 2023 World Government Summit to Pioneer Green Hydrogen and Ammonia Initiative in Abu Dhabi

2/15/2023

Brooge Energy Ltd, a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced a partnership through the company’s subsidiary Brooge Renewable Energy (“BRE”) with Siemens Energy (“SE”), one of the world’s largest energy technology companies, to build a PV solar farm to supply BRE’s Green Hydrogen and Green Ammonia project in Abu Dhabi, United Arab Emirates at the World Government Summit 2023 taking place on February 13 – 15, 2023 in Madinat Jumeirah, Dubai, United Arab Emirates.

Lina Saheb, Interim Chief Executive Officer, commented, “It is with great honor to announce our partnership with Siemens Energy at the World Government Summit 2023 as together we take a step toward a greener future. I look forward to working closely with the talented Siemens Energy team on this important project.”

BRE and SE partnership is aimed to build up to 650 MW solar PV plant to supply BRE’s planned Phase 1 of the green ammonia project with renewable energy. Siemens Energy will serve as the Technical Partner to Brooge and exclusive provider of solutions including engineering, design procurement, and construction of up to a 650 MW solar PV plant including grid connection and operation and maintenance services. The two companies will partner to obtain the necessary project approvals from governmental agencies as a first step of the project.

The UAE, as a leading global energy producer, has a critical role to play in the global energy transition. By launching this project, BRE will not only demonstrating its commitment to sustainable energy but also contribute to the UAE’s and the global efforts to reduce carbon emissions.

The green ammonia project is one of the first privately owned company green ammonia projects in the United Arab Emirates (UAE), led by BRE, which aims to produce renewable, carbon-free fuel using solar power. This project aims to have a positive impact on the UAE economy by promoting the growth of the renewable energy sector, creating new job opportunities, and reducing the country’s reliance on fossil fuels. It also aims to contribute to the global effort to reduce carbon emissions and combat climate. This project is a significant milestone in the UAE’s energy transition journey and demonstrates the country’s commitment to sustainable energy.