RIC Energy and Siemens Join Forces for Renewable Hydrogen Projects in Spain
Key Ideas
  • RIC Energy and Siemens signed a Memorandum of Understanding to collaborate on projects involving renewable hydrogen, green ammonia, and synthetic fuels in Spain.
  • Projects like the Compostilla Green project in León and the Besaya project in Cantabria aim to produce sustainable fuels for industrial use.
  • The partnership includes Siemens Group entities focusing on operational efficiency, industrial safety, decarbonisation, and digitalisation of infrastructures.
  • Both companies will work on joint communication strategies to emphasize the economic impact of these projects and accelerate local industrial recovery.
Spanish company RIC Energy and German company Siemens have teamed up to work on various projects related to renewable hydrogen, green ammonia, and synthetic fuels in Spain. The collaboration, outlined in a Memorandum of Understanding, covers technical and financial aspects, emphasizing joint solutions and structured financing. The Compostilla Green project in León, recognized under the Hydrogen Valleys program, focuses on synthetic aviation fuel. Siemens subsidiaries will play a significant role in addressing operational efficiency, safety, decarbonisation, and digitalisation. Another project, Besaya in Cantabria, aims to produce sustainable fuels for industrial use. The partnership extends to coordinating communication strategies to showcase the economic benefits in the regions. RIC Energy and Siemens plan to drive local industrial recovery through next-generation energy infrastructures. The CEOs of both companies express optimism about the collaboration's potential to accelerate transformative projects in the hydrogen sector and support decarbonisation efforts. The goal is to establish integrated operational models at an industrial scale for sustainable fuel production, marking a step towards Spain's leadership in this field.
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