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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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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.

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SEAT begins construction on battery lab in Spain

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MW simultaneously, this facility will become a one-of-a-kind, pioneering electric battery laboratory in Spain. It will also feature a high-tech electronics lab to design and manufacture prototypes and build interfaces for the test systems. With a testing capacity that can reach 1.3

Spain 199
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Verkor to build first gigafactory in Dunkirk

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French industrial company Verkor has selected the port city of Dunkirk (Hauts de France) for the construction of its first Gigafactory for the development of low-carbon battery cells designed to support Europe’s net-zero goals. Dunkirk is the most promising site out of the 40 investigated by Verkor in France, Spain and Italy.

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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). ETH-Zurich spin-off Synhelion has raised CHF 22 million (US$23.6 million) in another financing round. Synhelion is developing two pathways to solar fuels: Redox splitting. Earlier post.).

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Dimeta and Enerkem collaborate on large scale waste-to-DME projects in Europe and US

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In recent months, Dimeta and Enerkem successfully completed pre-feasibility studies for these projects and are now moving into the feasibility phase—targeting the start of Front End Engineering and Design (FEED) next year.

Waste 150
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SEAT to introduce 500 km MEB-based EV, Leon PHEV in 2020

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In addition, the brand will remain committed to vehicles powered with compressed natural gas (CNG) as well as internal combustion engines. Furthermore, de Meo reaffirmed SEAT’s commitment to opening outward and building a digital ecosystem around the car. From 2013 to 2017, SEAT invested more than €3.3 billion (US$4.1

2020 239