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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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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries.

Hydrogen 473
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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. Integrated large scale green hydrogen production. Accelerating EV fast charging.

Portugal 186
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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

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World’s green hydrogen leaders unite to drive 50-fold scale-up in six years. The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram.

Green 321
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EDP, TechnipFMC and partners to develop a concept study for green hydrogen production from offshore wind: BEHYOND

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The study will include innovative integration of equipment for the production and conditioning of green hydrogen and infrastructure that allows for its transportation to the coast. This consortium will strengthen cooperation between Portugal and Norway and increase Portugal's competitiveness in the growth of the “blue economy.”

Wind 221
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Cummins selects Spain for GW electrolyzer plant, partners with Iberdrola on green hydrogen value chain

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joined government leaders and partner Iberdrola, one of the world’s largest energy companies, to announce its plans for one of the world’s largest electrolyzer plants for the production of green hydrogen to be located in Castilla-La Mancha, Spain. Cummins Inc. —Tom Linebarger, Chairman and CEO of Cummins.

Spain 305
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Toyota, Air Liquide and CaetanoBus partner to accelerate the development of hydrogen mobility in Europe

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The three companies will use their complementary expertise to address the entire value chain of hydrogen mobility, ranging from renewable or low-carbon hydrogen production, distribution and refueling infrastructure, to the deployment in different vehicle segments. Concept of hydrogen ecosystem.

Hydrogen 413