Spain – Envision Energy, a Chinese specialist in green hydrogen and net zero technologies, has announced a $1 billion investment in Spain’s renewable energy future. In partnership with the Spanish government and key Spanish and European industry and financial leaders, Envision will develop the first integrated green hydrogen net zero industrial park in Europe.
This park will serve as the design, research, manufacture and service function for green hydrogen including electrolysis, air separation unit (ASU), ammonia synthesis and the completed module facility for scalable green ammonia production.
The facility will produce high-capacity proton exchange membrane electrolyzer, low pressure alkaline and high pressure alkaline electrolyzers ā€“ critical for the electrolysis process needed in green hydrogen production and other module equipments.
It will play a pivotal role in delivering five gigawatts of electrolysis capacity, which significantly contributes to Spain’s Hydrogen Roadmap targets of producing eleven gigawatts by 2030. With an initial investment of USD 1 billion by Envision and its partners, 1,000 new green jobs are expected to be created.
Construction of the facility is scheduled to commence in the first half of 2026, with Envision working closely with the Spanish Government to identify an optimal site for the greenfield development.
