Was NEOM Green Hydrogen really the template for a credible and bankable green hydrogen project market? Or was it the product of a relatively unique set of very creditworthy backers that included its offtaker? Arguably a bit of both. With green hydrogen MoUs announced almost daily, and the first mega project financed, what is still holding the market back from delivering major and reliable project deal flow?
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The European Commission (EC) plans to develop a dedicated guarantee mechanism for commercial banks' credit exposures to key wind industry suppliers in a bid to bolster the cost-challenged wind sector. Will it work?