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Interview

Acwa Advances Replicating Green Hydrogen Model

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Saudi Arabia-based Acwa Power envisions tripling the size of its business in the coming decades, adding more renewable power and expanding its role in the fast-moving green hydrogen market while continuing to turn its back on fossil fuels. CEO Paddy Padmanathan told Energy Intelligence at COP27 that the company is betting heavily on green hydrogen produced from renewables, generated by strong sunshine during the day and strong wind at night, through a model it is already operating and replicating elsewhere. The company also faces challenges, including a lack of access to equipment.

Topics:
Hydrogen, Renewable Electricity , Corporate Strategy
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