Type to search

Western Firms Race to Set up Green Hydrogen in Asia – Nikkei

Major western oil companies including BP and Chevron are pouring investment into Asia’s green hydrogen sector

Journalists and MPs tour a green hydrogen plant in Germany. Photo: AFP
Western firms are rushing to invest as Asia starts to move towards green hydrogen production. Photo: AFP


Western and regional companies are racing to set up emission-free green hydrogen production in the Asia-Pacific region, Nikkei Asia reported.

Danish multinational Orsted, the largest offshore wind company worldwide, announced plans to enter the market, said the report, with major western oil companies including BP and US multinational Chevron also investing in Asia’s green hydrogen sector.


Read the full report: Nikkei Asia


Read more:

Kamala Harris Announces $20 Mil Clean Energy Fund For Mekong

Global Energy Crisis Driving Faster Shift to Renewables: IEA’s Birol

China, Saudi Arabia Pledge Closer Energy Cooperation

Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.


AF China Bond