NEOM Green Hydrogen Company (NGHC), a joint venture between renewables developer ACWA Power, gas company Air Products and the futuristic city project NEOM, has reached financial close on a Saudi green hydrogen plant with US$8.4 billion.
India-based renewables developer Avaada Group has raised US$1 billion from asset owner Brookfield Renewable to fund the growth of its renewable energy platform in India.
NextEra Energy has signed a memorandum of understanding (MOU) with CF Industries – an ammonia producer – to develop a green hydrogen facility in Oklahoma powered by 450MW worth of renewable energy.