The world’s biggest “green” hydrogen developers have joined forces to expand the production of hydrogen 50-fold in less than six years.

The firms hope to reduce the cost of hydrogen to USD $2 per kilogram!

They also plan to radically drive down the cost in a project called the “Green Hydrogen Catapult“.

The companies involved include ACWA Power, CWP Renewables, Envision, Iberdrola, Ørsted, Snam and Yara.

The world’s biggest hydrogen developers join forces to expand production 50-fold in less than six years