AD Ports, Advario explore green energy storage JV: AD Ports Group signed a heads of terms agreement with Rotterdam-based energy storage firm Advario to mull a joint venture to develop and operate green energy and liquid bulk storage projects in the UAE and internationally, the company said in a statement. The proposed JV would be 51% owned by AD Ports and 49% by Advario.

The details: The venture would focus on storage for clean energy carriers such as ammonia and methanol, and bulk chemicals, pipelines, and other critical infrastructure. Initial plans would include Advario building bulk storage tanks at Khalifa Port and related infrastructure for clients in Kezad.

Why Kezad? Kezad is set to host a green hydrogen and ammonia production hub, along with export terminals dedicated to the green fuel — both planned to be co-developed by AD Ports and Masdar. The zone is also home to AquaChemie’s muiltipurpose chemicals facility for manufacturing, storage, and blending liquid chemicals.

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