Energy giants team up for 25GW green hydrogen 'moonshot'

Michael Holder
clock • 4 min read

Iberdrola, Ørsted, ACWA Power, CWP Renewables, Envision, Yara and Snam lead UN-backed drive to halve cost of hydrogen by 2026

A major UN-backed drive to rapidly scale-up global green hydrogen capacity 50-fold over the next six years while halving production costs has won the backing of a host of global energy giants, including...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Global emissions accounting is evolving - it's time for businesses to get ready

Global emissions accounting is evolving - it's time for businesses to get ready

The most widely-used standard for measuring and reporting emissions is gearing itself towards locally sourced, hourly carbon-free electricity - businesses should start preparing now, writes Climate Group's Sam Kimmins

Sam Kimmins, Climate Group
clock 23 September 2025 • 4 min read
'Alarming': Fossil fuel production plans far exceed global climate targets

'Alarming': Fossil fuel production plans far exceed global climate targets

Planned coal, oil, and gas production through to 2030 is double the level that would be consistent with limiting global warming to 2C, analysis shows

Michael Holder
clock 22 September 2025 • 5 min read
Global Briefing: Study shows Indian power sector emissions fell during first half of 2025

Global Briefing: Study shows Indian power sector emissions fell during first half of 2025

India's power sector emissions fall for only second time in 50 years, China ramps up battery investment, and Europe's extreme weather costs rise

James Murray
clock 19 September 2025 • 7 min read