Hygreen Energy to invest over $2.2 billion in green hydrogen initiatives in Spain

Hygreen Energy and its partners plan to invest more than $2.2 billion in green hydrogen projects in Andalusia, Spain. This investment will support the development of new green hydrogen plants as well as a facility to produce electrolysers. Initially, the plant will focus on producing 5 MW electrolysers to support green hydrogen production. In July 2024, the European Commission approved a Spanish scheme to boost renewable hydrogen investments, part of the state aid Temporary Crisis…