Spain has abandoned plans to implement a permanent windfall tax on energy companies. This decision has prompted major industry players to restart their suspended green hydrogen investments. The policy reversal
Beijing-based Hygreen Energy has announced plans for a major European expansion. This includes a €2bn ($2.2bn) investment and the construction of a 5GW alkaline electrolyser factory in Malaga, Spain. The
Cobra, a subsidiary of French company Vinci, has secured a €150 million ($165 million) subsidy. The Spanish government granted this funding to support one of Cobra's green hydrogen projects. Spanish
BP and Iberdrola's joint venture, HyVal, has reached a final investment decision for a 2GW green hydrogen project. The project is located at the Castellon refinery in Valencia, Spain. It