Masda, ADNOC enter deal with BP for the sale of interest in Teesside green hydrogen project
ADNOC and Masdar have entered into an agreement with BP Plc for the sale of stakes in the 60 MW Hygreen Teesside hydrogen project in North Yorkshire, UK.
The UAE-based ADNOC will acquire a 25% interest in the project while Abu Dhabi´s Masdar has entered into a Memorandum of Understanding (MoU) to acquire an unspecified stake in the hydrogen plant.
The Teesside hydrogen plant is planning to commence operation by 2025. The 60 MW first phase will be upgraded eventually to reach up to 500 MWe by 2030.
Country updates
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May 26, 2022
Vattenfall secures funding for 8 MW Hydrogen Turbine 1 (HT1) project in Aberdeen Bay
The UK’s Department for Business, Energy and Industrial Strategy has awarded GBP9.3 million (US$11.7 million) innovation funding to Vattenfall for the development of 8 MW offshore hydrogen ele...
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May 26, 2022
SIMEC Atlantis signs deal for 230 MW/460 MWh battery at Uskmouth site
SIMEC Atlantis Energy Ltd (SAE) has reached a deal with Energy Optimisation Solutions and Quinbrook Infrastructure Partners through their portfolio firm Uskmouth Energy Storage Limited (UES). UE...
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May 24, 2022
UK launches Future Nuclear Enabling Fund (FNEF)
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May 20, 2022
Statkraft enters the final construction stage of the Lister Drive Greener Grid Park in Tuebrook
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May 19, 2022
Greencoat buys minority stake in 1,218 MW Hornsea One offshore wind project
Greencoat UK Wind Plc has agreed to pay GBP400 million (US$489.6 million) for a net 12.5% ownership in the 1.2 GW Hornsea One offshore wind farm in the UK seas. Greencoat Capital LLP's renewable ener...
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