Repsol is leading a consortium of Spanish companies to install 500MW of renewable hydrogen capacity by 2025 and 1GW by 2030.
The Spanish Hydrogen Network (Shyne) project aims to install the renewable hydrogen capacity through projects across 10 autonomous communities.
The projects will require a total investment of €3.23bn that will serve to develop more competitive technologies and evolve both the Spanish industry and its infrastructure towards decarbonization, generating more than 13,000 jobs, said Repsol.
The presentation ceremony was attended by the Secretary of State for Energy, Sara Aage-sen, and the Secretary General for Industry and SMEs, Raül Blanco.
It brought together representatives of the 33 entities that make up this ecosystem at Campus Repsol, the headquarters of the multi-energy company.
In addition to project leader Repsol, six other companies – Alsa, Bosch, Celsa, Enagas, Scania, and Talgo – will act as promoters of the initiative.