Hygreen Energy, a leading global manufacturer of electrolyzers and hydrogen technology, is set to make a significant mark on Europe’s renewable energy landscape with its latest expansion plans. The company will invest over 2 billion euros in Spain, focusing on establishing a new electrolyzer manufacturing plant, advancing its technology, and developing large-scale green hydrogen production facilities.
The centerpiece of Hygreen’s expansion is a new electrolyzer production factory in Malaga. This facility will initially produce 5-megawatt electrolyzers, which meet European standards and have the potential to scale up to 5 gigawatts, depending on market demand. These electrolyzers are essential for splitting water into hydrogen and oxygen, a process critical for producing green hydrogen.
In addition to manufacturing, Hygreen Energy will launch a research and development program aimed at advancing electrolyzer technologies. This program will include a new alkaline 10-megawatt testing platform to improve efficiency and performance.
Hygreen’s plans also include the construction of green hydrogen production plants in Huelva, located in the Andalusia region of Spain. These plants will have a combined capacity of up to 1.12 gigawatts. Andalusia is becoming a key player in the green hydrogen sector due to its abundant wind and solar energy resources.
The expansion aligns with Spain’s ambitious targets for clean energy, which include building 11 gigawatts of electrolyzer capacity by 2030. Hygreen’s investment supports this goal and is expected to strengthen Spain’s position as a leader in green hydrogen.
Benny Wang, CEO of Hygreen Energy, emphasized that these initiatives will enhance the company’s presence in Europe and provide tailored solutions for the region’s hydrogen market. The move has also been endorsed by local Spanish officials, including President Juanma Moreno of Andalusia, who met with Hygreen’s leadership to discuss the potential economic benefits.
With over 17 years of experience, Hygreen Energy is committed to advancing the green hydrogen industry through innovative technology and large-scale projects.
