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Four industrial projects drive decarbonization in Spain: batteries, 2G biofuels and renewable hydrogen

FinanceInternationalMoeve Global45 s readAI summary
Image: Moeve Global

Spain is moving forward on industrial decarbonization with four projects: Volkswagen's battery plant in Sagunto, with 10 billion euros committed and a first phase of 20 GWh expected in December; the Stellantis and CATL gigafactory in Figueruelas (Zaragoza), with 4.1 billion euros of investment; Moeve and Apical's 2G biofuel plant in Palos de la Frontera (Huelva), worth 1.2 billion; and the first phase of the Andalusian Green Hydrogen Valley, with 300 MW of electrolysis.

In 45 seconds

  • Volkswagen is allocating 10 billion euros with its partners to electrify the automotive industry, with a battery plant in Sagunto whose first 20 GWh phase would start in December
  • The Stellantis and CATL gigafactory in Figueruelas (Zaragoza) totals 4.1 billion euros and about 4,000 direct jobs at full capacity
  • Moeve and Apical plan to produce 500,000 tonnes a year of HVO and SAF in Palos de la Frontera (Huelva) starting next year
Read the full story at Moeve Global

IASummary generated by artificial intelligence from a story by Moeve Global. It may contain errors: the original source prevails.

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