The European Union is one step closer to securing the annual supply of two million tonnes of green hydrogen produced using electricity from wind farms and solar power plants in the steppes of Kazakhstan. The volume is equivalent to one fifth of European imports planned for 2030.
Hyrasia One, a subsidiary of Swedish-German company Svevind Energy Group, reached an investment agreement in Astana with the Kazakh government for the massive project.
The deal was signed in the presence of Kazakhstan’s President Kassym-Jomart Tokayev and President of the European Council Charles Michel.
By the end of November, European Commission President Ursula von der Leyen and President Tokayev are scheduled to establish a strategic partnership for sustainable raw materials, batteries and green hydrogen.
The Hyrasia One project envisages wind and photovoltaic facilities with a…
EU eyes green hydrogen that Hyrasia One plans to produce in Kazakh steppes
