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EIB to support renewable H2 projects
5 December 2022![](https://hydrogeneurope.eu/wp-content/uploads/2022/12/website-pics-960x720-px-80-29a3e7753cbe9f773f3ecbab778ea5e7.jpg)
Orsted eyes 3GW green H2 project
6 December 2022The government of Djibouti has signed a memorandum of understanding with US-based Power to X developer CWP Global to move forward with a new 10GW renewable energy and green hydrogen project in the small North African state.
The unnamed project — which will include cable networks, pipelines, port loading facilities and drinking water for local communities — will produce green ammonia for export, and provide renewable energy to the nation, where only 62% of the population have access to electricity, according to the World Bank.