FRV Plans to Develop 2 GW Hydrogen Project in Spain, EDP to Invest

Madrid-Based Renewable Energy Development Company FRV Announces Plans to Develop a 2 GW Hydrogen Project in Spain

FRV, a Madrid-based renewable energy development company, has announced plans to develop a 2 GW hydrogen project in Spain. The project, which is expected to be operational by 2025, will be one of the largest of its kind in the world.

EDP to Invest in FRV's Hydrogen Project

EDP, a multinational energy company based in Brazil, has announced that it will invest in FRV's hydrogen project. The investment will help to fund the construction and operation of the project.

Minister Emphasizes Importance of Green Hydrogen Investment

The Spanish Minister of Energy, Teresa Ribera, has emphasized the importance of the investment in green hydrogen. She said that the investment will help to reduce Spain's reliance on fossil fuels and create new jobs.

Transhydrogen Alliance to Build Hydrogen Plant

The Transhydrogen Alliance, a consortium formed this year by Proton Ventures, Trammo, and DMCC, will build a hydrogen plant in Spain. The plant will use electrolysis to produce green hydrogen from water.

Australian Businessman to Invest in Hydrogen Project

Andrew Forrest, the head of Fortescue, one of the world's largest mining companies based in Australia, has announced that he will invest in the hydrogen project. The investment will help to fund the construction and operation of the project.