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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. It also expects Spain to become a net exporter of renewable hydrogen.

Hydrogen 397
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Iberdrola and bp to collaborate to accelerate EV fast charging infrastructure and green hydrogen production; up to €1B investment in charging

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Iberdrola and bp intend to form a strategic collaboration to expand fast EV public charging infrastructure significantly as well as to develop large-scale green hydrogen production hubs in Spain, Portugal and the UK. Accelerating EV fast charging. Integrated large scale green hydrogen production.

Portugal 186
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Galp and Northvolt establish JV for lithium conversion plant in Portugal; initial annual capacity of 35,000 tons of lithium hydroxide

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Portugal-based energy company Galp and Sweden-based battery manufacturer Northvolt have agreed to set up a joint company, Aurora, that aims to become a steppingstone for the development of an integrated lithium-battery value-chain aligned with Portuguese and European ambitions.

Portugal 170
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EEA: small increase in EU’s total greenhouse gas emissions in 2017, with transport emissions up for the fourth consecutive year

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Total greenhouse gas emissions in the European Union (EU) increased by 0.7% According to the EEA’s Annual European Union greenhouse gas inventory 1990-2017 and inventory report 2019 , total greenhouse gas emissions (including international aviation) rose by 0.7% Source: EEA. in 2017 compared with 2016.

2017 191
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Fusion Fuel receives approval for €10M grant to develop HEVO-Industria project

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Fusion Fuel will receive an estimated €10-million grant as part of Component 14 (C-14) of the Portuguese Recovery and Resilience Plan to develop its 6.6MW HEVO-Industria green hydrogen project in Sines, Portugal. C-14 is focused on accelerating the energy transition by supporting the production of hydrogen and other renewable gases.

Fusion 259
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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

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Düsseldorf, Germany-base E.ON, one of the world’s largest investor-owned power and gas companies, is adopting a new strategic direction under which is will split itself in two. itself will focus on renewables, distribution networks, and customer solutions. one of the leading players in the natural gas business. SE shareholders.

Power 244
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ABB to provide power and propulsion solution for 10 all-electric ferries

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The fleet renewal project represents a significant commitment by Lisbon metropolitan planners to accelerate the introduction of emissions-free public transport solutions. Increased electrification of transportation, including inland waterway transport, will play a key role in helping Portugal achieve carbon neutrality by 2050.