Repsol and Navantia Seanergies, Navantia’s green energy division, have signed a collaboration agreement for the production of renewable hydrogen.
The signing took place at Navantia’s Turbine Factory in Ferrol, a center that will play a key role in this agreement. The two companies have agreed to combine knowledge and efforts for the industrial development of renewable hydrogen. This agreement is in addition to other collaborations between Navantia and Repsol in the field of decarbonization and green energies.
On the one hand, Navantia Seanergies has announced the start-up of a production line of electrolyzers within this Ferrol factory. On the other hand, Repsol will promote the installation of this equipment for the production of renewable hydrogen.
Javier Herrador, director of Navantia Seanergies: “Navantia Seanergies is committed to collaborating with leading companies in the field of hydrogen, an energy vector that offers enormous possibilities to decarbonize the economy and contribute to sustainable growth at national and European level. The manufacture of electrolyzers to produce hydrogen is a new business opportunity with great potential for our Turbine Factory”.
Juan Abascal, Executive Director of Industrial Transformation and Circular Economy at Repsol: “At Repsol we are convinced that initiatives like this are essential to accelerate the deployment of the hydrogen economy in Spain and Europe from a leading position. In addition, we also reinforce our commitment to the transformation of the industry through the development of capabilities associated with key technologies to achieve climate neutrality”.
Both companies are already working on the evolution of the performance of the new low carbon footprint liquid fuels (advanced biofuels and synthetic fuels) that Repsol is developing, to test in the engines manufactured by Navantia at its Engine Factory in Cartagena; as well as in the framework of sustainability within the ESG commitments (environmental, social and corporate governance factors) that the two Spanish multinationals are promoting.
