Cepsa and ACE Terminal have signed a Memorandum of Understanding (MoU) to collaborate on the creation of a green hydrogen supply chain from Spain to the Netherlands.
The Spanish energy firm will deliver green ammonia to the planned Rotterdam port's ACE import facility.
Cespa said it is creating 2GW of green hydrogen at its two Energy Parks in Andalusia, southern Spain, as part of its 2030 Positive Motion goal to become a leader in sustainable mobility, renewable hydrogen generation, and advanced biofuels, as well as a standard in the energy transition.
The green ammonia is planned for industrial purposes after being converted back into hydrogen, or for direct usage in the shipping and other industries of Northwest Europe.
“This MoU between Cepsa and ACE Terminal is a great example of the type of collaborations that are needed and we want to stimulate with the new Memorandum of Understanding in the field of renewable hydrogen between Spain and the Netherlands,” stated Rob Jetten, Minister for Climate and Energy.