Both firms have ambitious plans to decarbonize the sector in order to meet Germany’s climate goals. TenneT, the transmission system operator, is ready to assist them and, among other things, to realize the transfer of wind energy from the sea to the land.
The deal involves the construction of a network of 50 hydrogen stations that will provide a consistent presence of this energy vector across Spain, allowing any customer to select green hydrogen with an assured supply wherever on the mainland.
The funding comes from the “Concerted Action Mobility” future fund and is aimed at promoting the transformation of the automotive sector, particularly the supplier industry.
This project comes at a time when governments and businesses in Australia are looking into “green steel” as a way to promote company growth, operational efficiency, and long-term development.
With the construction of a new state-of-the-art production facility in Fresno County, California, Plug Power is expanding its green hydrogen ecosystem to the West Coast.
C-Crete Technologies has signed a collaboration agreement with the United States Department of Energy to develop and market a novel class of nanoengineered materials for onsite hydrogen storage in industrial sites where it is produced as a byproduct.
To cut costs, the government has already committed more than $300 million to four hydrogen hubs that will bring together producers, consumers, and exporters in one area.
