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.
Independent power producer (IPP) Scatec has posted strong results in the first quarter of the year driven by strong operational and financial performance.
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.
Siemens Energy and renewables infrastructure provider Brooge Renewable Energy (BRE) have partnered to build a 650MW solar PV plant to supply BRE’s green ammonia project in Abu Dhabi.
Renewables company CWP Global has signed a memorandum of understanding with the Government of Djibouti to develop a 10GW renewable and green hydrogen hub in Djibouti.
A subsidiary of Australian mining company Fortescue Metals Group is looking to construct a green hydrogen facility in Egypt that could feature 9.2GW of solar and wind generation.
