Global fossil fuel giant BP buys 40% of US$30bn Pilbara renewable energy project

The company also plans to operate the Asian Renewable Energy Hub, which aims to generate up to 26GW of wind and solar energy

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Global fossil fuel company BP has bought 40.5% of a renewable energy hub in the Pilbara, billed as having potential to become one of the biggest suppliers of green hydrogen in the world.

The company will also operate the Asian Renewable Energy Hub, which has plans to generate up to 26GW of wind and solar energy – about a third of the electricity generated in Australia today.

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