hydrogen project

ACWA Power powers up Africa with 200-MW solar park in Egypt and expanding Redstone CSP, lighting up 400,000 homes and boosting renewable energy investments to new heights!

The quantum of funds committed by the lenders with the Saudi Government stand at $5 billion. The project envisages the production of up to 600 tons of green hydrogen each day that can further be used to create 1.2 million tons of green ammonia by 2026.

US-based turnkey hydrogen options supplier Plug Power Inc (NASDAQ: PLUG) plans to build the largest environment-friendly hydrogen production center on the west shore in the state of California, depending on the output of a new 300-MW solar farm.

Spanish renewable energy group Acciona SA (BME: ANA) as well as Spain's gas grid driver Enagas SA (BME: ENG) have acquired an electrolyser for the electrolysis plant they plan to build and operate as part of the EU-supported Green Hysland hydrogen project set on the island of Mallorca.