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
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
28 January 2026
The development of hydrogen’s distribution system must speed up if the industry is to stand any chance of grabbing a meaningful slice of the low-carbon energy market
14 January 2026
Continent’s governments must seize the green hydrogen opportunity by refining policies and ramping up the development of supply chains and infrastructure
