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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.

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Statkraft to supply renewable power for Fortescue’s Holmaneset 300 MW green hydrogen & green ammonia project

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Fortescue Future Industries (FFI) has secured renewable power for its proposed Holmaneset green energy project , entering into a long-term Power Purchase Agreement (PPA) with Statkraft. FFI undertook a Scoping Study across Norway to identify potential locations for the development of renewable energy and port facilities.

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SK makes strategic investment in clean hydrogen company Monolith; “cyan hydrogen”

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SK Corp, the holding company of SK Group, has made a strategic investment in Monolith , a US company that has developed a plasma-based process to produce “cyan” hydrogen—between green (via electrolysis using renewable energy) and blue (conversion of methane accompanied by CO 2 capture and storage).

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ENGIE greenlights Australian renewable hydrogen project with Yara

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ENGIE has taken the Final Investment Decision in the development of one of the world’s first industrial-scale renewable hydrogen projects, to be located in the Pilbara region of Western Australia. ENGIE and Mitsui intend to operate the Yuri project through this joint venture company. Yuri roadmap.

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Iberdrola to invest more than €1.1B to build a green hydrogen and methanol plant in Australia; Bell Bay Powerfuels

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Iberdrola Australia and Australia-based hydrogen developer ABEL Energy will build a green hydrogen and green methanol production plant at Bell Bay in northern Tasmania (Australia). Green hydrogen from the plant will be available for domestic customers. Source: ABEL Energy.

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NEOM Green Hydrogen Company completes financial close of $8.4B for world’s largest green hydrogen plant

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Additionally, NGHC also announced that the non-recourse financing structured for the project has been certified by S&P Global (as the second party opinion provider) as adhering to green loan principles and is one of the largest project financings put in place under the green loan framework.

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Next Hydrogen, Black & Veatch sign MoU to develop large-scale integrated green hydrogen solutions

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Next Hydrogen Solutions Inc., a designer and manufacturer of electrolyzers, recently signed a memorandum of understanding (MoU) with Black & Veatch, a global engineering, procurement, consulting and construction company, to offer a complete and integrated solution for producing large-scale green hydrogen for industrial customers.

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