BP is preparing to take a major 30% stake in the proposed $36 billion Asian Renewable Energy Hub, which plans to develop 16 GW of onshore wind and 10 GW of solar power to produce. Coming online in stages, the project hopes to be producing about 1.8 million tons of green hydrogen per year from 2027. French utility Engie will lead a project in the Netherlands, called HyNetherlands, which has recently been reshaped to produce green methanol to replace Europe’s imports of Russian gas. The project will initially include a 100 MW electrolyzer in 2025 in Eemshaven, powered by 200 MW of offshore wind capacity, before scaling to 1.85 GW in the early 2030s. Shell and Eneco formed another partnership…