Spanish-based energy company Avalon Renovables plans to attract approximately 鈧�8 billion (US$8.2 billion) for the development of green hydrogen and derivatives projects in Spain.

Hydrogen pipeline (Photo: Adobe Stock)

The investment would cover the construction of renewable generation plants, green hydrogen and derivatives for the production of green ammonia, e-methanol, e-SAF and biogas plants, as well as the infrastructure necessary for the transport, storage and distribution of the final product to the projected delivery points.

The Madrid-based company unveiled its plans at the Green Hydrogen Congress in Huelva, Spain, announcing its goal to create over 10,000 jobs in the region by 2030.

Spain plans to meet with green hydrogen by 2030, under its National Integrated Energy and Climate Plan 2023-2030.

JCB鈥檚鈥榳orld first鈥� hydrogen combustion engine approved for commercial use JCB said its novel hydrogen engine received licensing approval for use

Europe Spain Projects Power generation Construction Power Technology Hydrogen Renewables Alternative Fuels

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