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hydrogen

Cepsa and Evos Forge Strategic Partnership

Anela DoksoBy Anela Dokso19/04/20242 Mins Read
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Spanish energy giant Cepsa, in a strategic move towards bolstering its green energy initiatives, has forged a partnership with Evos, a liquid energy and chemical storage company in Europe.

This collaboration entails the storage of green methanol and ammonia, produced by Cepsa, at Evos’ storage facilities in Algeciras and Rotterdam. Furthermore, the agreement paves the way for logistical facilitation for the transportation of green hydrogen products between key ports in Spain and the Netherlands.

The partnership between Cepsa and Evos marks a pivotal step towards fostering the green energy transition, facilitating the storage and distribution of sustainable energy derivatives across strategic locations in Europe. With a keen focus on enhancing sustainability, both companies are poised to play a crucial role in decarbonizing industrial sectors while addressing the evolving energy needs of the continent.

Cepsa’s ambitious Andalusian Green Hydrogen Valley initiative underscores the company’s commitment to sustainable energy production. With plans for green hydrogen, methanol, and ammonia production, Cepsa is poised to emerge as a key player in Europe’s green energy landscape.

Evos’ strategic presence in the Green Import Corridors of Northwest Europe, coupled with its focus on renewable energy storage and handling, highlights the company’s dedication to advancing the energy transition. By expanding its infrastructure for green bunker fuels and SAF, Evos is poised to drive substantial reductions in carbon emissions across industrial sectors.

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