The Clap
ACWA Power is expecting to operate its first green hydrogen plant in 2026, as per the company’s CEO.
What
The plant is expected to have a large enough capacity to exceed the current total global production of green hydrogen.
The company expects the plant to produce 650 tons of green hydrogen per day.
So What
Given the energy crisis that many countries in Europe and Southeast Asia are experiencing will help give an edge to the company in the green hydrogen sector, given the massive production capacity.
Now What
ACWA Power’s CEO added that they need to establish more than 40 factories if they are to cater to the production of chemicals and fertilizers.