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Repsol to develop its largest renewable hydrogen electrolyzer in Tarragona

FinanceInternationalInterempresas MediaAI summary
Image: Interempresas Media

Repsol's board of directors approved a 150 MW electrolyzer in Tarragona, developed with Enagás Renovable, which holds a 25% stake. It will produce more than 22,000 tonnes of renewable hydrogen per year to make renewable fuels such as renewable methanol. The project involves an investment of about 400 million euros and was selected to receive up to 104 million from the state Hydrogen Valleys program, backed by Next Generation EU funds. Repsol estimates around 1,000 jobs and up to 250,000 tonnes of CO2 avoided per year.

In 40 seconds

  • 150 MW electrolyzer in Tarragona, Repsol's largest, with Enagás Renovable holding 25%.
  • It will produce more than 22,000 tonnes of renewable hydrogen per year for renewable fuels.
  • Investment of about 400 million euros and up to 104 million in financing from the Hydrogen Valleys program.
Read the full story at Interempresas Media

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

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