Author: Arnes Biogradlija

Spanish renewable energy company Grenergy has acquired a 50% stake in the Arequipa green hydrogen megaproject in Peru. The project, led by LATAM H2, entails an initial investment of $500 million and aims to produce green hydrogen using renewable energy sources. Grenergy’s involvement reflects its commitment to expanding its presence in the green hydrogen sector, a crucial component in the global transition to sustainable energy. The Arequipa project is expected to start producing green hydrogen by 2026 and intends to contribute significantly to reducing carbon emissions in the region. Grenergy’s decision to invest in the Arequipa project aligns with its…

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