Repsol and Navantia have signed a collaboration agreement to jointly explore business opportunities to produce renewable hydrogen in Spain.
The two companies have agreed to combine knowledge and efforts for the industrial development of renewable hydrogen.
Navantia’s Seaenergies unit intends to start up an electrolyser production line at its turbine factory in Ferrol.
Repsol will promote the installation of Navantia Seaenergies’ equipment for the production of renewable hydrogen as part of its ambition to achieve 1.9GW of installed capacity by 2030.
The partners said their cooperation will seek to position Spain as an international leader in the production of renewable hydrogen, while also contributing to reindustrialisation, quality employment and economic development in the country.
Tomás Malango (pictured, far left), Hydrogen Director of Repsol and Javier Herrador (pictured, far right), Director of Navantia Seaenergies, signed the agreement.
They were in the presence of Francisco Conde, Vice President of the Xunta de Galicia and Regional Minister of Economy and Industry, Raül Blanco, General Secretary for Industry and SMEs, Juan Abascal (pictured, second left), Executive Director of Industrial Transformation and Circular Economy of Repsol and Ricardo Domínguez, President of Navantia.
The event was also attended by Jose Miñones, the Government delegate in Galicia, Ángel Mato, mayor of Ferrol, Valentín González Formoso, president of the Provincial Council of A Coruña and María Rivas, subdelegate of the Government in A Coruña, among other authorities and representatives of business and social entities.
The signing took place at Navantia’s turbine factory in Ferrol.
Abascal said: “At Repsol we are convinced that initiatives like this are essential to accelerate the deployment of the hydrogen economy in Spain and Europe from a leadership position.
“This reinforces our commitment to the transformation of the industry through the development of capabilities associated with key technologies to achieve climate neutrality.”
Herrador added: “Navantia Seanergies is committed to a model of collaboration and partnership with leading companies in both offshore wind and hydrogen, an energy vector that offers enormous possibilities for decarbonising the economy and committing to sustainable growth.
“The manufacture of electrolysers to produce hydrogen is a new business opportunity with great potential for our turbine factory.”