Thailand has set a 2050 target for carbon neutrality
Acwa and PTT partner on Thai green hydrogen
The Saudi developer and Thai NOC plan to develop 225,000t/yr of hydrogen production capacity
Saudi developer Acwa Power has signed a memorandum of understanding (MoU) with Thai NOC PTT and the state-owned Electricity Generating Authority of Thailand to collaborate on large-scale green hydrogen projects in Thailand. The partners will conduct an investment feasibility study with an ambition to develop capacity to produce 225,000t/yr of green hydrogen—equivalent to 1.2mn t/yr of ammonia—at an estimated investment value of $7bn. Thailand has set a target for carbon neutrality by 2050 and net-zero greenhouse gas (GHG) emissions by 2065. In line with a government focus on reducing CO₂ emissions from the energy sector cited in a strategy document submitted to the UN Framework Convention on
Also in this section
9 March 2026
Hydrogen has not stalled in the UK because the technology does not work. The problem is that the system around it does not yet move at the speed required
4 March 2026
Turmoil in Middle East reminds nascent clean hydrogen sector that its future prospects are dependent on global energy markets and geopolitics
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
