With this, ADNOC will now actively support the Net Zero Technology Centre in pioneering innovative technologies across multiple different fields with hydrogen set to be a key pillar in these activities.
TechX’s programme focus aligns with ADNOC’s decarbonisation strategy, which in recent months has seen ADNOC, bp and Masdar agree to explore developing clean hydrogen hubs in both the UAE and UK.
With support from ADNOC, bp and Equinor, TechX will launch the fourth cohort of its award-winning accelerator next month where selected start-ups will undertake an intensive 15-week programme followed by two years’ growth support.
TechX’s primary focus is to accelerate 12 clean energy start-ups with technology focus areas which includes a range of renewable energies and technologies including hydrogen.
Mark Anderson, Director of TechX, said, “We are delighted to welcome ADNOC as a TechX Strategic Partner, as they share our focus in exploring and accelerating disruptive technologies that can help us decarbonise the energy industry and speed up the transition to net zero.
“Through our global partnerships, which have allowed us to enhance and diversify the accelerator programme, we look forward to discovering the next generation of highly innovative clean energy technologies.
“As we expand our portfolio of game-changing tech start-ups, the expert support, investment and potential for field trials offered by our Strategic Partners will help us to build a thriving entrepreneurial ecosystem with sustainability at its core.”
Ali Al Rawahi, Vice-President of Research and Development at ADNOC Group, said, “ADNOC is excited to be the first company in the region to join the award-winning TechX programme as a strategic partner.
“Joining bp and Equinor in this programme that focuses on sourcing, accelerating and adopting disruptive net-zero technologies, reinforces ADNOC’s commitment to provide global technology leadership and contributes towards achieving the UAE’s Net Zero by 2050 Strategic Initiative.”
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