Cepsa and EDP are partnering on a large-scale green hydrogen production project in the Bay of Algeciras in Spain.
EDP, a leader in renewable energies through its subsidiary EDP Renewables, will develop up to 1GW in Campo de Gibraltar, Cádiz, as part of the Andalusian Green Hydrogen Valley, the largest green hydrogen project in Europe promoted by Cepsa.
Miguel Stilwell d’Andrade, CEO of EDP, said: “This agreement with Cepsa is an important step in EDP’s plans to convert its thermal power plant in Los Barrios and to propel industrial decarbonisation through the use of green hydrogen, and is another move to strengthen energy independence in Europe.”
Maarten Wetselaar, CEO of Cepsa, said to accelerate the energy transition, it is necessary to seek partners and synergies that enable us to move forward in this process in an agile and competitive way.
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