Coalition Aims for 25GW of Green Hydrogen by 2026

By [email protected] The soaring hype surrounding green hydrogen reached new heights this week, as a seven-company-strong consortium unveiled plans for a fiftyfold scale-up in production capacity by 2026.

ACWA Power, CWP Renewables, Envision, Iberdrola, Ørsted, Snam and Yara launched a coalition called the Green Hydrogen Catapult with the aim of deploying 25 gigawatts of renewables-based hydrogen production capacity by 2026.

The coalition, which is linked to the United Nations Framework Convention on Climate Change’s Race to Zero campaign, is also hoping to halve the cost of green hydrogen production, cutting it to less than $2 per kilogram.

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