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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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US-based Raven SR to build waste-to-hydrogen project in Spain

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Raven SR, a US-based renewable fuels company ( earlier post ), plans to build a waste-to-hydrogen production facility in Aragón, Spain, following the opening of its subsidiary Raven SR Iberia in Zaragoza, announced earlier this month.

Spain 298
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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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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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Plug Power expands hydrogen supply chain partner network in Spain with CLH

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Through the agreement, CLH will develop hydrogen production assets and downstream markets in Spain, in the industrial, mobility and power production/storage sectors for distribution to Plug Power customers throughout Europe. Plug Power Inc.,

Spain 186
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Volkswagen Group to add 15 more plants to Industrial Cloud this year

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The Volkswagen Group is pushing ahead with the integration of its plants into the Volkswagen Industrial Cloud; the aim is to further improve the efficiency of the plants and reduce production costs. The Industrial Cloud is built on Amazon Web Services (AWS), and Siemens is the integration partner. Earlier post.)

Industry 150
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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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This trend was already underway before the pandemic, due to cost-competitive gas in key sectors including power, industry and transport, and major regions including Europe, North America and Asia. MMbtu in Russia, $8.7/MMbtu Natural gas in the long term.

Gas 243