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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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SunGas Renewables to build $2B green methanol production facility in Louisiana

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SunGas Renewables Inc. announced the formation of Beaver Lake Renewable Energy, LLC (BLRE), which will construct a new green methanol production facility in Central Louisiana. Green methanol produced by BLRE is expected to be used to fuel A.P.

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IRENA sees renewable hydrogen at least cost-possible within decade

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Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). The report— Green Hydrogen Cost Reduction: scaling up electrolyzers to meet the 1.5 Source: IRENA.

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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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Renewable fuels company Raven SR announces $20M strategic investment from Chevron, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund

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a waste-to-fuels company, closed a $20-million strategic investment from Chevron USA, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund. Raven SR plans to build modular waste-to-green hydrogen production units and renewable synthetic fuel facilities initially in California and then worldwide. Raven SR Inc.,

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India-based ReNew Power, Egypt to invest $8B in green fuels production in Suez Canal zone

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The first phase will be in 2023-2025, with about $710 million targeted to produce 100,000 tons of green ammonia and 20,000 tons of green hydrogen. million tons of green ammonia, said Zaki. million tons of green ammonia, said Zaki.

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New liquid hydrogen carrier would transport green H2 from Scotland to Germany

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C-Job Naval Architects has designed a new class of liquid hydrogen tanker in partnership with LH2 Europe. LH2 Europe will use the abundant renewable electricity in Scotland to produce green hydrogen and market it at a competitive price with diesel. Hydrogen will be essential to the future of energy. Accommodation.

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