bp takes 40.5% stake and operatorship of the AREH project inWestern Australia

bp to take a 40.5% stake and operatorship of the AREH project in the Pilbara, Western Australia / AREH to support development of up to 26GW of combined solar and wind power generating capacity / At full scale AREH could produce 1.6 million tonnes of green hydrogen or 9 million tonnes of green ammonia per annum – making it one of the largest green hydrogen projects in the world

bp today agreed to acquire a 40.5 per cent equity stake in and to become operator of the Asian Renewable Energy Hub (AREH), which has the potential to be one of the largest renewables and green hydrogen hubs in the world. Based on the development of world-scale renewable power generation, AREH, in the Pilbara region of Western Australia, intends to supply renewable power to local customers in... ... More: Official Press Release bp

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bp, Australia, renewable energy, hydrogen, hub, energy hub, AREH, Asian Renewable Hub, Western Australia, mining, customer, ammonia, green