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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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The project, part of Cepsa’s 2030 strategy Positive Motion, will contribute to Europe’s energy security and independence, in line with the objectives of the European Union’s REPowerEU strategy. It also expects Spain to become a net exporter of renewable hydrogen. Twenty percent of all projects worldwide are located in Spain.

Hydrogen 397
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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
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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. The green hydrogen project at bp’s Castellón refinery will be part of the agreement. Accelerating EV fast charging.

Portugal 186
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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries. Some other companies took part in multiple project investments globally to diversify their risk, including Fortescue Industries, which has two-thirds of its capacity outside its home country, Australia.

Hydrogen 473
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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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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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Toyota Motor Manufacturing Turkey to become Toyota’s first European plant to produce plug-in-hybrid vehicles and batteries

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TMMT is progressing towards this goal by introducing technologies which minimize energy consumption while at the same time switching to renewable energy within the Sakyra Plant. Its eight European manufacturing plants are located in Portugal, the UK, France, Poland, Czech Republic and Turkey. market share.

Turkey 459