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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.

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Synhelion raises CHF 22M (US$23.6M) to support scaling of solar fuel production

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The proceeds of the investment round will accelerate the company’s growth and support the scaling and commercialization of Synhelion’s solar fuels technology. Synhelion is developing two pathways to solar fuels: Redox splitting. This ultra-clean solar fuel closes the carbon cycle. Solar Upgrading. Earlier post.).

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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.

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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.

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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).

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Volkswagen to invest €10bn for EV and battery manufacturing in Spain

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billion) to launch electric vehicle and EV battery manufacturing in Spain, Herbert Diess said on Thursday. Volkswagen said it will build a battery plant and invest in producing EVs at its two car factories in Spain. VW plans to begin building a 40-gigawatt-hour plant in Spain in Q1 2023, and production is set to begin by 2026.

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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. To this end, the company has a project portfolio of 2,400 MW in different regions, mainly in Spain, the United States and Australia. Source: ABEL Energy.

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