Envision Energy, a global leader in green H₂ and net zero technologies with operations across five continents, has announced a landmark investment in Spain's renewable energy future.

In partnership with the Spanish government and key Spanish and European industry and financial leaders, Envision will develop the first integrated green H₂ net zero industrial park in Europe. It will serve as the design, research, manufacture and service function for green H₂ including electrolysis, air separation unit (ASU), ammonia synthesis and the completed module facility for scalable green ammonia production. This will advance innovations in renewable energy in decarbonizing Spain's hard-to-abate industries.

Ratified as part of a Memorandum of Understanding (MoU) signed during the recent Spanish Prime Minister's visit to China, the net zero industrial park will significantly accelerate Spain's green H₂ adoption plans and advance its progress towards reducing the nation's greenhouse gas emissions (GHGs) by 23% by 2030.

Envision will also establish a state-of-the-art green H₂ Center of Excellence, reinforcing its commitment to both the region and its partners, as they collaborate to implement cutting-edge net zero solutions.

New facility to boost Spain's renewable energy and climate goals. The facility will produce high-capacity proton exchange membrane electrolyzer, low pressure alkaline and high pressure alkaline electrolyzers – critical for the electrolysis process needed in green H₂ production and other module equipment.

It will play a pivotal role in delivering five gigawatts of electrolysis capacity, which significantly contributes to Spain's H₂ Roadmap targets of producing eleven gigawatts by 2030. With an initial investment of $1 B by Envision and its partners, 1,000 new green jobs are expected to be created.

Building on Envision's global success in pioneering the world's first-of-its-kind net zero industrial parks, the facility will be powered by locally generated clean energy, including biomass, solar and wind energy, creating a fully green, sustainable industrial ecosystem.

Construction of the facility is scheduled to commence in the first half of 2026, with Envision working closely with the Spanish Government to identify an optimal site for the greenfield development. This marks a significant step towards progressing from plan to construction. Upon completion, the facility will be a Bureau Veritas-certified net zero industrial park.

Pedro Sanchez, Prime Minister of Spain today said, "Today -with your new commitment to invest a billion dollars in partnership with the industry, to build an electrolyzer factory in Spain – you are not just contributing to our economy. You are helping us to build the future, to build a better future."

Lei Zhang, Founder and Chairman of Envision Energy said, "With its ideal resources, market scale and expertise, Spain is well-placed to be the European leader in green H₂ and Envision, together with our net zero tech partners, is excited to play a role in securing Spain's green energy future."

Center of excellence to support critical innovation in the green H₂ value chain. The Center of Excellence will further boost the nation's green H₂-based industrial ecosystem. The Centre will serve as a hub for building local skills and talent, catalyzing innovations, and attracting industrial collaborations across Spain. By integrating renewable energy production, energy storage, and net zero digital technology, Envision aims to help ensure a constant and clean energy supply, reduce H₂ production costs, and prove the commercial viability of this "new oil" for the global energy transition.