Remove Gas-Electric Remove Industry Remove Solar Remove Spain
article thumbnail

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

Green Car Congress

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
article thumbnail

Thermal Solar Goes Where PVs Can’t

Cars That Think

Global solar energy supplies are growing rapidly, with nearly 10 times as much solar capacity installed today as there was a decade ago. Leading the boom is the photovoltaic (PV) panel, which converts sunlight into electricity using semiconductors. The first utility-scale solar-thermal plants were built in the 1980s.

article thumbnail

Thermal Solar Goes Where PVs Can’t

Cars That Think

Global solar energy supplies are growing rapidly, with nearly 10 times as much solar capacity installed today as there was a decade ago. Leading the boom is the photovoltaic (PV) panel, which converts sunlight into electricity using semiconductors. The first utility-scale solar-thermal plants were built in the 1980s.

article thumbnail

Steelmaker ArcelorMittal signs MoU with the Spanish Government supporting €1B investment in decarbonization technologies; DRI and EAF

Green Car Congress

million-tonne hybrid electric arc furnace (EAF). The new DRI—which will be the first of its kind in Spain—and EAF will be in production before the end of 2025. Should green hydrogen not be available at affordable rates by the end of 2025, natural gas would be used to power the DRI furnace. Earlier post.)

Spain 170
article thumbnail

Solar and Battery Companies Rattle Utility Powerhouses

Cars That Think

All eyes these days may be on Elon Musk's space venture—which has just put people in orbit —but here on Earth you can now get your monthly electric bill courtesy of a different Musk enterprise. But industrial-scale energy storage is crucial to any renewable operation: the wind dies down, the sun doesn't always shine.

Solar 121
article thumbnail

China’s Chery to set up shop in Europe

Baua Electric

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. Spain’s Industry Ministry said in a statement that the agreement would be formalized in the next few days, with Chery planning to start production in Barcelona, according to Reuters.

Chery 52
article thumbnail

Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

Green Car Congress

CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their carbon footprint. It can be combined with a high-efficiency solar cell and attached to a specifically designed concentrated photovoltaic solar panel.

Fusion 170