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Plug Power expands hydrogen supply chain partner network in Spain with CLH

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Through the agreement, CLH will develop hydrogen production assets and downstream markets in Spain, in the industrial, mobility and power production/storage sectors for distribution to Plug Power customers throughout Europe. The CLH Group is a leading international company in the transport and storage fuel products in Europe.

Spain 186
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Volkswagen Group and SEAT will invest €10B in electrification in Spain given PERTE VEC acceptance

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Last week, the 62 national and international companies and benchmark firms that form the project applied to the Strategic Project for Economic Recovery and Transformation program (in Spanish, PERTE) for the Electric and Connected Vehicle (in Spanish, VEC). This is the biggest industrial investment ever made in Spain.

Spain 150
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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.

Hydrogen 397
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Cummins scaling Belgium electrolyzer manufacturing capacity to 1GW through IPCEI support

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The company has added capacity at its Mississauga, Canada, facility and is building two new electrolyzer factories in Spain and China, each starting at 500MW of manufacturing capacity and scalable to 1GW. It enables the clean transition of energy-intensive industries and increases our independence from fossil fuels.

Belgium 343
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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This trend was already underway before the pandemic, due to cost-competitive gas in key sectors including power, industry and transport, and major regions including Europe, North America and Asia. The development of an international hydrogen market could also accelerate adoption. —Jon Moore, CEO of BNEF. MMbtu in Russia, $8.7/MMbtu

Gas 243
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Synhelion raises CHF 22M (US$23.6M) to support scaling of solar fuel production

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The funds were primarily provided by existing investors and selected new strategic investors, including Swiss International Air Lines (SWISS). Industrial reforming technology is paired with key innovations of Synhelion to enable the energy-efficient production of solar fuels. This ultra-clean solar fuel closes the carbon cycle.

Solar 210
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Aramco and Stellantis collaboration indicates eFuel compatibility with 24 European engine families produced since 2014 (Euro 6)

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Low-carbon eFuel is a drop-in synthetic fuel made by reacting CO 2 , captured either directly from the atmosphere or from an industrial facility, with renewable hydrogen. Meanwhile, in Bilbao, Spain, Aramco and Repsol are exploring the production of low-carbon synthetic diesel and jet fuel for automobiles and aircraft.

2014 321