Green hydrogen booms in Asia as companies rush into projects

Denmark's Orsted in talks with POSCO, BP invests in Australian project

20221215N Hydrogen carrier

A ship carrying liquefied hydrogen docks at an experimental terminal in Kobe, Japan. (Photo by Atsushi Ooka)

NAOYUKI TOYAMA, Nikkei staff writer

TOKYO -- The race to establish green hydrogen production bases in the Asia-Pacific region is heating up, with Western and regional companies cooperating on massive projects to produce what many see as a next-generation power source.

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