Energy company Hygreen prepares European growth with plans for an electrolyzer production factory, boosting high-efficiency electrolyzer R&D, and setting up hydrogen generation plants in Spain.
Hygreen Energy, a leading global electrolyzer manufacturer and hydrogen technology developer, has announced ambitious expansion plans in Spain. The news about these plans can be found on the company's website.
Hygreen Energy's CEO, Benny Wang, has emphasized the potential for growth in Europe due to the company's planned initiatives. One of the key projects involves the development of green hydrogen production plants in Huelva, Spain, in partnership with strategic partners, with a total capacity of up to 1.12 GW.
President of the Junta de Andalucía, Juanma Moreno, met with Hygreen Energy's leadership team to discuss the company's planned projects and their potential economic impact in Andalusia. During President Moreno's visit to Beijing, an agreement was signed between Hygreen Energy and Coxabengoa, but the specific details of this agreement were not provided in the article.
While there is no direct public information available as of mid-2025 regarding Hygreen Energy’s electrolyzer production factory, their R&D program for high-efficiency electrolyzers, or green hydrogen generation projects in Spain, the company has now revealed that they plan to establish a new electrolyzer manufacturing facility in Malaga, Spain.
The new facility will initially focus on the production of 5-Megawatt electrolyzers that comply with European standards. Hygreen Energy also plans to produce up to 5GW of electrolyzers according to demand in Europe. Furthermore, the company's expansion plans in Spain are not limited to electrolyzer production, but also include a research and development program dedicated to advancing electrolyzer technologies.
Andalusia, the southern region of Spain where these projects are located, has significant wind and solar power potential, positioning itself as a green hydrogen leader. The Spanish government is targeting to build 11 GW in electrolyzer capacity by 2030.
These expansions are expected to attract over 2 billion Euros in capital and resources, further boosting Spain's efforts towards a sustainable energy future.
It's important to note that the global hydrogen electrolyzer market is currently facing significant overcapacity and underutilization of production capacity, leading to financial pressure on manufacturers [2]. However, viable projects tend to be integrated with clear industrial demand, often located in industrial clusters, and Spain is not highlighted specifically in these reports [2][3].
For more detailed or proprietary information about Hygreen Energy’s operations or R&D in Spain, it may require direct company contact or access to industry databases beyond public domain sources.
References:
[1] FEST GmbH and Bosch announce integrated Hybrion PEM electrolysis stack electrolyzer launch in 2025 (Source: hydrogen-news.com)
[2] Global electrolyzer market faces overcapacity and underutilization (Source: hydrogenbusiness.org)
[3] Market corrections and project cancellations in the hydrogen sector (Source: hydrogenenergynews.com)
- Hygreen Energy, with its focus on the hydrogen economy, aims to take advantage of Europe's growth potential by developing green hydrogen production plants in Huelva, Spain, in partnership with strategic partners.
- The company is also planning to establish a new electrolyzer manufacturing facility in Malaga, Spain, with an initial focus on the production of 5-Megawatt electrolyzers that comply with European standards.
- Financing for these expansions is expected to exceed 2 billion Euros, contributing to Spain's ambitious goal of building 11 GW in electrolyzer capacity by 2030.
- While the detailed operations and R&D of Hygreen Energy in Spain may require direct company contact or access to industry databases, it's clear that these expansions are an important step towards the company's vision of a clean, renewable-energy powered manufacturing industry.