Cepsa

Green hydrogen production capacity continued to grow last year, driven largely by new investments, GlobalData says in a newly published report. Deutsche Bahn, meanwhile, has revealed plans to expand its hydrogen bus fleet in Germany.

The Clean H2 Infra Fund has closed with new investors to mobilize up to €20 billion ($19.4 billion) of investment capacity over the next six years for heavy mobility and energy-intensive industries. Toshiba has revealed new production tech for electrolysis electrodes that slashes iridium use, while Hyundai Heavy Industries has kicked off a demo project for fuel cell vessels.

The energy companies have signed a partnership agreement to expand their portfolios on the Iberian peninsula. Spain and Portugal have ambitious decarbonization plans requiring large capacities of renewable energy resources in the years to come. Spain’s PV market could reach 6 GW this year.