01 Dec Spain’s Cepsa to invest 3 bln euros in green hydrogen project
Spanish oil company Cepsa plans to invest 3 billion euros ($3.1 billion) in one of the largest green hydrogen projects in Europe, the company said on Thursday.
The project will produce 300,000 tons of hydrogen a year, which will be used to power the company’s refineries as well as local heavy shipping and haulage. It will also be used to produce biofuel for the aviation industry, the company said.
Published by Charlie Devereux in Reuters.