SHYNE, the largest consortium to promote renewable hydrogen in Spain, is launched

19 January 2022 12:00 PM

Socios Promotores (1)

Members of the SHYNE consortium at the launch

The SHYNE (Spanish Hydrogen Network) project, the largest renewable hydrogen consortium in Spain, made up of 33 entities from different sectors, including Alsa, was launched today at Repsol's headquarters.

It brings together 22 companies and 11 associations, technology centres, and universities under the leadership of Repsol with the aim of promoting renewable hydrogen projects in all areas of the Spanish economy. 

SHYNE aspires to be a benchmark project in Europe, structuring new opportunities throughout the value chain, through collaboration between companies that pursue a common goal: decarbonising their activity, and joining efforts and investments to achieve it. The project has six promoting partners, in addition to Repsol. All leading companies in their sectors: Alsa, Bosch, Celsa, Enagas, Scania, and Talgo.

The projects grouped in SHYNE will involve an accumulated investment of €3.23 billion. This investment will enable the implementation of different initiatives for the production, distribution, and use of renewable hydrogen in the industrial sector, in transport, and other applications. It will also support the development of pioneering technologies and the acceleration if the deployment plans for hydrogen. The overall project is expected to generate more than 13,000 jobs.

The Secretary of State for Energy, Sara Aagesen, who participated in the presentation ceremony, said, "Renewable hydrogen is a national project. It is the piece of the puzzle we were missing to move towards the decarbonisation of the economy, achieve climate neutrality in 2050, and advance in the development of knowledge, 'made in Spain' technology, and the consolidation of the business fabric and industrial value chains."

The Secretary General of Industry and SMEs, Raül Blanco, said, "Spain has a unique opportunity and all the capacity to lead the hydrogen industrial value chain in Europe. The SHYNE project is a great example of this. We celebrate the launch of this project and the participation of 22 companies and 11 associations, technology centres, and universities that demonstrate the unique industrial and technological capacity that Spain has."