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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 has deployed more than 600 electrolyzers in 100 countries globally. Cummins Inc.

Spain 305
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. MMbtu in Russia, $8.7/MMbtu

Gas 243
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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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Volkswagen to invest €10bn for EV and battery manufacturing in Spain

Teslarati

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.

Spain 85
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Ford selects Spain for EV production but anticipates substantial job cuts

Teslarati

Ford announced on Wednesday that it will begin making electric vehicles based on a next-generation architecture in Spain later this decade. Ford believes the Valencia, Spain plant is the ideal location for making cars with a next-generation EV architecture and plans to produce the vehicles later this decade. “We

Spain 88
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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A green industrial policy focused on batteries with EU-wide support for scaling up production is urgently needed to react to US subsidies and China’s years of dominance. The report also places question marks over projects in Serbia and Spain by InoBat, which recently secured incentives for a joint venture with an American company in Indiana.

Companies 430
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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. bp aims to rapidly expand its EV charge points globally and continues to invest in rapid and ultra-fast charging.

Portugal 186