The electrolyser is located at the Petronor refinery in the northern Spanish region of the Basque Country.
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According to the report, the country’s energy security and climate resilience can be improved by tapping into abundant solar and wind resources.
The company has secured a new US$1.8 billion revolving credit facility and trade finance facility to help fuel its growth strategy of developing 25 GW of solar energy by 2025.
All turbines have now been installed at the offshore wind farm, which is jointly owned by RWE, J-Power and Kansai Electric Power, and located off the coast of Lincolnshire, England.