Spanish and Chinese companies agree to establish a $1bn electrolyzer plant for green hydrogen production, targeting 12GW capacity by 2030.

Javier Brey, president of the Spanish Hydrogen Association, highlighted the significance of collaboration with China in boosting Spain's green hydrogen sector. A September agreement with China's Envision Energy to establish a $1 billion electrolyzer manufacturing plant in Spain marks a key development. This initiative aims to enhance Spain's renewable energy leadership, support decarbonization goals, and create over 1,000 jobs, while targeting 12 gigawatts of hydrogen production capacity by 2030.

October 19, 2024
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