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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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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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Iberdrola to invest more than €1.1B to build a green hydrogen and methanol plant in Australia; Bell Bay Powerfuels

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A small dimethyl ether (DME) plant will be built either onsite or at another location, producing renewable DME from methanol for local industry. Iberdrola is developing 60 renewable and green hydrogen initiatives in eight different countries. The company has currently installed 1,122 MW of renewables (wind, solar and batteries).

Australia 435
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Repsol produces renewable hydrogen from biomethane from urban solid waste

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Spain-based energy and petrochemical company Repsol has produced renewable hydrogen using biomethane as raw material for the first time. This renewable hydrogen was used to manufacture fuels with a low carbon footprint, such as gasoline, diesel, or kerosene for aviation. GW in 2030.

Waste 199
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Volkswagen Group and SEAT will invest €10B in electrification in Spain given PERTE VEC acceptance

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This investment of 10 billion euros will electrify Spain and Europe's second-largest automotive manufacturer, creating a battery Gigafactory in Sagunto, enabling the production of electric vehicles at the Martorell and Pamplona plants, and building-up a comprehensive supplier ecosystem. —Herbert Diess, CEO of the Volkswagen Group.

Spain 150
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HyDeal Ambition to deliver green hydrogen across Europe at the price of fossil fuels; 3.6Mt green H2/year by 2030

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The production of green hydrogen generated by solar-driven electrolysis from the Iberian Peninsula will begin in 2022. The ambition is to achieve 95 GW of solar and 67 GW of electrolysis capacity by 2030 to deliver 3.6 Participants include: Solar developers: DH2/Dhamma Energy (Spain), Falck Renewables (Italy), Qair (France).

Green 304
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bp and thyssenkrupp Steel to advance the decarbonization of steel production; low-carbon hydrogen and renewable power

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bp and thyssenkrupp Steel have signed a memorandum of understanding (MoU) focused on the development of long-term supply of low-carbon hydrogen and renewable power in steel production, helping accelerate the steel industry’s wider energy transition. The steel and energy industries have of course long been closely linked.

Hydrogen 170