Green hydrogen

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ACWA Power, Air Products and NEOM Company have this week reached an $8.5bn financial close for their NEOM Green Hydrogen Project in Saudi Arabia, which is set to produce 600 tonnes of green hydrogen each day. We look at why this close is significant for the nascent green hydrogen sector.

There is no shortage of reports telling us that green hydrogen electrolyser makers are poised for growth in the next decade. It is an easy conclusion to reach with the surging policy support for green hydrogen in Asia, Europe and the US.

December 20, 2022

It’s almost time for the festive break. But before we go and eat our body weight in chocolate, let’s look back at some of the biggest news for green hydrogen in 2022. It has been a big year for the sector, but how far has it come?

There are 680 large hydrogen projects in development worldwide worth a total of $240bn, the Hydrogen Council has said. If the technology is to play a major role in helping the world reach zero, there must be $700bn invested by 2030.

On 11th November, renewables intelligence specialist Tamarindo will host the first meeting of our Power-to-X Leadership Council, an action-focused, member-driven working group that is advancing the integration of renewables and hydrogen.