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.
Renewables developer Oracle Power PLC has signed a cooperation agreement with Chinese state-owned energy company PowerChina to jointly develop a 1GW solar PV project in Pakistan.
If Portugal wants to bring forward its target to have 9GW of installed capacity by 2026 rather than the end of the decade, it will need to solve one of its main barriers it faces at the moment: permitting issues.
Indian independent power producer Hero Future Energies has planned to invest INR30,000 crore (US$3.6 billion) in renewables in the Indian state of Andhra Pradesh.
German research body Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has signed a letter of intent (LoI) with the Indian Department of Science and Technology (DST) to pursue developments in green hydrogen technology in the country.
