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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.

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

Green Car Congress

Last week, the 62 national and international companies and benchmark firms that form the project applied to the Strategic Project for Economic Recovery and Transformation program (in Spanish, PERTE) for the Electric and Connected Vehicle (in Spanish, VEC). This is the biggest industrial investment ever made in Spain.

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SEAT begins construction on battery lab in Spain

Green Car Congress

MW simultaneously, this facility will become a one-of-a-kind, pioneering electric battery laboratory in Spain. It will also feature a high-tech electronics lab to design and manufacture prototypes and build interfaces for the test systems. With a testing capacity that can reach 1.3

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Verkor to build first gigafactory in Dunkirk

Green Car Congress

French industrial company Verkor has selected the port city of Dunkirk (Hauts de France) for the construction of its first Gigafactory for the development of low-carbon battery cells designed to support Europe’s net-zero goals. Dunkirk is the most promising site out of the 40 investigated by Verkor in France, Spain and Italy.

Building 150
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Synhelion raises CHF 22M (US$23.6M) to support scaling of solar fuel production

Green Car Congress

The funds were primarily provided by existing investors and selected new strategic investors, including Swiss International Air Lines (SWISS). ETH-Zurich spin-off Synhelion has raised CHF 22 million (US$23.6 million) in another financing round. Synhelion is developing two pathways to solar fuels: Redox splitting. Earlier post.).

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BYD prepares to unleash its second 7,000-car carrier to fuel its global EV expansion

Baua Electric

BYD prepares to launch its second car carrier this year BYD’s shipbuilder, Guangzhou Shipyard International, unveiled the new car carrier at an undocking ceremony over the weekend. It has already completed two European trips, Spain and Germany, and also docked in Brazil. BYD introduced its first , “Explorer No 1,” in January.

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Dimeta and Enerkem collaborate on large scale waste-to-DME projects in Europe and US

Green Car Congress

In recent months, Dimeta and Enerkem successfully completed pre-feasibility studies for these projects and are now moving into the feasibility phase—targeting the start of Front End Engineering and Design (FEED) next year.

Waste 150