{"id":643,"date":"2022-01-26T17:47:17","date_gmt":"2022-01-26T17:47:17","guid":{"rendered":"https:\/\/njacre.com\/?p=643"},"modified":"2022-01-26T17:47:17","modified_gmt":"2022-01-26T17:47:17","slug":"spanish-consortium-forms-for-4-4-billion-green-hydrogen-investment","status":"publish","type":"post","link":"https:\/\/njacre.com\/spanish-consortium-forms-for-4-4-billion-green-hydrogen-investment\/","title":{"rendered":"Spanish consortium forms for $4.4 billion green hydrogen investment"},"content":{"rendered":"
Repsol will lead the members that are investing in 2GW of renewable H2 production by 2030.<\/p>\n
Repsol has announced that it is heading a new 33 company and organization multi-sector consortium that will be investing in the production and use of green hydrogen in Spain.<\/p>\n
The investment will pour \u20ac3.23 ($4.4 billion) into promoting Spanish renewable H2 production and use.<\/p>\n
The consortium, called the Spanish Hydrogen Network (Shyne) will be investing<\/a> into a spectrum of green hydrogen technologies, including the installation of 500 megawatts of renewable H2 capacity by 2025. From there, the capacity will increase to 2 gigawatts by 2030. This represents half of the Spanish government\u2019s goal for the entire country by that year, which is 4 gigawatts of capacity.<\/p>\n