The Spanish Ministry of Industry, Trade, and Tourism has released a new tender titled “National Hydrogen Production Initiative” on August 23, 2024.
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As the industrial world braces for future demands, the need for sustainable solutions becomes ever more pressing. According to The Energy Transitions Commission, by 2050, an extra 24 million tons of ammonia will be required for chemical uses, and 44 million more tons for fertilizers.
The European Commission has approved a significant investment of €1.2 billion to support Spain’s nascent green hydrogen sector.
Spanish Prime Minister Pedro Sanchez unveiled a comprehensive €2.3 billion ($2.5 billion) initiative to accelerate Spain’s transition to clean energy.
Spain is set to receive state funding for seven groundbreaking hydrogen projects. These initiatives mark a significant step towards fostering sustainable energy and reducing carbon emissions.
Airbus, a global leader in aerospace manufacturing, has announced its intention to include Spain in its ongoing study of potential hydrogen hubs.
KKR, a global investment firm, and IGNIS, a prominent Spanish renewable energy group, have joined forces to launch IGNIS P2X, a platform focused on developing green hydrogen and ammonia projects.
Grupo Fertiberia has enlisted the expertise of thyssenkrupp Uhde to revamp its ammonia plant in Puertollano, Spain.
Basque Energy Agency (EVE) and Repsol have joined forces to pioneer hydrogen technology in Spain.
Spain sees this energy vector as a strategic opportunity to establish itself as a European leader in the hydrogen economy.