In partnership with the Spanish government and key Spanish and European industry and financial leaders, Envision will develop the first integrated green hydrogen net zero industrial park in Europe. It will serve asĀ the design, research, manufacture and service function for green hydrogen 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 Spainās hard-to-abate industries.
Ratified as part of a Memorandum of Understanding (āMOUā) signed during the recent Spanish Prime Ministerās visit to China, the net zero industrial park will significantly accelerate Spainās green hydrogen adoption plans and advance its progress towards reducing the nationās Greenhouse Gas emissions (GHGs) by 23% by 2030.
Envision will also establish a state-of-the-art Green Hydrogen Centre 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 Spainās renewable energy and climate goals
The facility will produce high-capacity proton exchange membrane electrolyzer, low pressure alkaline and high pressure alkaline electrolyzers ā critical for the electrolysis process needed in green hydrogen production and other module equipments.
It will play a pivotal role in delivering 5GW of electrolysis capacity, which significantly contributes to Spain’s Hydrogen Roadmap targets of producing 11GW by 2030. With an initial investment of $1bn by Envision and its partners, 1,000 new green jobs are expected to be created.
Building on Envisionās global success in pioneering the worldās 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.Ā Upon completion, the facility will be a Bureau Veritas-certified net zero industrial park.
Pedro Sanchez, Prime Minister of Spain today said, āToday -with your new commitment to invest a billion dollars to build an electrolyzer factory in Spain ā you are not just contributing to our economy. You are helping us to build the future, to build a better future.ā
By integrating renewable energy production, energy storage, and net zero digital technology, Envision aims to help ensure a constant and clean energy supply, reduce hydrogen production costs, and prove the commercial viability of this ānew oilā for the global energy transition.