Remove Hydrogen Remove Industry Remove Portugal Remove Renewable
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

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

Green Car Congress

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
article thumbnail

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

Green Car Congress

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
article thumbnail

Plug Power and Lhyfe partner to develop green hydrogen plants throughout Europe; 300MW by 2025

Green Car Congress

Plug Power and Lhyfe, a producer and supplier of renewable hydrogen, announced an partnership to pursue and develop jointly green hydrogen generation plants throughout Europe. The initiative seeks to generate a total hydrogen capacity of 300MW by 2025, and to start the development of a 1GW production site. Earlier post.).

Hydrogen 199
article thumbnail

EC approves up to €5.2B of public support for second IPCEI in the hydrogen value chain

Green Car Congress

The European Commission approved , under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation, first industrial deployment and construction of relevant infrastructure in the hydrogen value chain. The Member States will provide up to €5.2

Hydrogen 195
article thumbnail

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

Green Car Congress

To increase the share of hydrogen in the final energy demand to enlarge the low-carbon energy sources share in the global energy mix and promote the environmental sustainability. The goal is to create a unique concept that can be standardized and implemented worldwide, allowing for large-scale hydrogen production.

Wind 221
article thumbnail

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

Green Car Congress

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