The EU has a highly ambitious plan to install 40 gigawatts of electrolyzers within its borders and support the development of another 40 gigawatts of green hydrogen in nearby countries by 2030 that can export to the EU. That is a good 320x the current global installed capacity of 250 MW.
Dubbed the Asian Renewable Energy Hub, the $20B project is set to become the world’s largest wind-solar hybrid with the vast amounts of renewable energy generated used to produce hydrogen for export
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