Hygreen Energy and Coxabengoa Form Strategic Alliance to Accelerate Europe’s Green Hydrogen Market Expansion

• Hygreen Energy and Coxabengoa have signed a strategic agreement to advance hydrogen technologies and expand the market for electrolyzer solutions across Europe.

• With support from the Andalusian government, this partnership aims to establish Andalusia as a central hub for green hydrogen.

• The agreement is expected to drive innovation, create jobs, and promote sustainable development in the region.

Formalized at Hygreen Energy’s Beijing office, the signing was attended by Juanma Moreno, President of the Junta de Andalucía, and Enrique Riquelme, Executive President of Coxabengoa. Riquelme highlighted the collaboration as a testament to Andalusia’s leadership in the green hydrogen sector.

The partnership will focus on creating a European industrial platform for hydrogen technology, enhancing local production, and supplying hydrogen systems from Andalusia, Spain. Javier Romero, Board Director at Hygreen Energy, emphasized that this collaboration will significantly advance Europe’s hydrogen economy by leveraging both companies’ strengths to improve electrolyzer technology, accelerate market adoption, and capitalize on the growing demand for green hydrogen.

Hygreen Energy, a global leader in electrolyzer manufacturing with over 17 years of experience and a 2 GW production capacity in 2024, views this partnership as a strategic move to expand its European market presence. Coxabengoa will play a crucial role by integrating renewable technology components for hydrogen production. This alliance is aligned with Andalusia’s strategy to integrate the green hydrogen value chain within the region, providing a competitive pathway for green hydrogen adoption in Europe.

This collaboration is expected to generate numerous skilled jobs in Andalusia and stimulate a broader regional hydrogen economy. The Andalusian government praised the investment by Hygreen Energy as a significant advancement in the region's green energy aspirations, with the partnership poised to accelerate the growth of a sustainable and competitive green hydrogen market in Europe.