Repsol will install its second 100MW renewable hydrogen electrolyser at the Petronor industrial complex in Muskiz near Bilbao in northern Spain.
The project will require an investment of €292 million and is scheduled for commissioning in 2029, the company said.
It has been recognised by the European Commission as an Important Project of Common European Interest and will receive €160 million in support through NextGenerationEU funds from Spain’s recovery plan, according to Repsol.
The electrolyser will be capable of producing up to 15,000 tonnes of renewable hydrogen per year, mainly for use at the Petronor refinery.
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