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The Guardian - AU
The Guardian - AU
National
Ben Butler

Global fossil fuel giant BP buys 40% of US$30bn Pilbara renewable energy project

Western Australia’s Pilbara region
BP has bought 40.5% of the Asian Renewable Energy Hub, slated for construction in Western Australia’s Pilbara region. Photograph: John White Photos/Getty Images

Global fossil fuel company BP has bought 40.5% of a renewable energy hub in the Pilbara, billed as having potential to become one of the biggest suppliers of green hydrogen in the world.

The company will also operate the Asian Renewable Energy Hub, which has plans to generate up to 26GW of wind and solar energy – about a third of the electricity generated in Australia today.

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