BP has acquired a 40.5% share in the $30 billion Asian Renewable Energy Hub, from partners Intercontinental Energy, CWP Global and Macquarie. The project aims to install 26 GW of wind and solar capacity across a 6,500 square kilometer site in the Pilbara region of Australia, producing around 1.6 million tons of green hydrogen per year. ACME Group has teamed up with the government of Karnataka in India to invest $6.7 billion in a green hydrogen and ammonia plant, which could be online from 2027. The project aims to produce 1.2 million tons of green fuels per year, although it has not yet said how much of this will be hydrogen or ammonia. Plug Power has announced plans to build…