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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 investment is the biggest milestone to date of Cepsa’s Positive Motion energy transition plan to lead sustainable mobility and the production of green hydrogen and advanced biofuels in Spain and Portugal this decade. It also expects Spain to become a net exporter of renewable hydrogen.

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NREL: Untapped potential exists for blending hydropower, floating PV

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Hybrid systems of floating solar panels and hydropower plants may hold the technical potential to produce a significant portion of the electricity generated annually across the globe, according to an analysis by researchers at the US Department of Energy’s National Renewable Energy Laboratory (NREL). This is really optimistic.

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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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The 100% electrified powertrain line-up of the new Toyota C-HR reflects Toyota’s commitment to offer what it terms appropriate carbon reduction opportunities to the largest and most competitive market segment in Europe. Its eight European manufacturing plants are located in Portugal, the UK, France, Poland, Czech Republic and Turkey.

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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.

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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.

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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

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The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram.

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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

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itself will focus on renewables, distribution networks, and customer solutions. SE will have three core businesses: renewables, distribution networks, and customer solutions. will place a particular emphasis on expanding its wind business in Europe and in other selected target markets. It will also strengthen its solar business.

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