Formalised with the signing of a memorandum of understanding (MoU), three potential projects will be explored as sites for the production of renewable hydrogen with two in Spain and one in Portugal.
Read more: EDP invests €470m to build green hydrogen projects in Spain
Read more: Basque-Country, Spain, to gain its first electrolyser for hydrogen production
The potential projects identified include creating a hydrogen valley in Asturias, a Basque hydrogen corridor project, and a renewable hydrogen production site in Sines.
With these projects, the two companies see each as an opportunity to grow its interest and reach into synergies for the management and operation of renewable hydrogen projects in the Iberian Peninsula.
It is expected that the projects will significantly contribute in accelerating the adoption of hydrogen in Spain and Portugal and support companies in transiting to zero-emission applications through hydrogen.
Josu Jon Imaz, CEO of Repsol, said, “This agreement will bring together the complementary capabilities of two major companies to accelerate the decarbonisation of the Spanish and Portuguese economies.
“The synergies and the will to create value in the production and commercialisation of renewable hydrogen will help to develop an emerging market that still has technological and regulatory challenges.”
Miguel Stilwell d’Andrade, CEO of EDP, “This partnership represents a great opportunity to promote decisive projects in the area of renewable hydrogen in Iberia.
“By joining the best knowledge, teams and experience of two major companies, which also share ambitious sustainability goals, I am confident that we will be contributing to a faster and more efficient energy transition.”
US DOE, General Motors, Microsoft and Plug Power
What does the US Department of Energy (DOE), General Motors, Microsoft and Plug Power have in common? They’re all speaking at H2 View’s North American Virtual Hydrogen Event in October. Will you be joining us on October 19?
North America is in a prime position to lead efforts in decarbonisation, but it still has great distances to travel. The region has been giving chase in a race to green hydrogen dominated by Europe and Asia-Pacific. If policymakers and industry can work together and take the right steps to realise a hydrogen vision, the region is perfectly placed to expand its global energy leadership at scale and speed.
What lessons can be learned from Europe’s policymakers? What are the challenges to be overcome? What are the strengths and opportunities? How can North America go from giving chase to taking a lead in hydrogen? These are all questions our virtual event will address across H2 View’s four pillars of Mobility, Power, Policy and Technology.
Further information on the event, agenda and confirmed speakers can be found here.
To book your virtual delegate pass, click here.