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Perspective
09 November 2023

Green hydrogen: What stage is project bankability at?

In:
Renewables
Region:
Americas, Asia-Pacific, Europe , Middle East & Africa
Deputy Editor
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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