Spain Will Build the First Clean Steel Factory in the Iberian Peninsula Powered by Green Hydrogen
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Spain will build the first clean steel factory in the Iberian Peninsula. The installation of Hydnum Steel in Puertollano will integrate green hydrogen, renewable energies and digital processes to make steel, drastically reducing polluting emissions. COFIDES’ financial support, by means of an injection of 150 million euros, underpins a project whose investment will exceed 1.5 billion. The initiative also has the strategic financing of the Industr…
Hydnum Steel has received an injection of 150 million euros of COFIDES to build in Puertollano the first green steel mill with hydrogen from the Iberian peninsula, a project that will reduce to 98% direct and indirect CO2 emissions from traditional blast furnaces.The injection that unlocks the largest green steel mill on the Peninsula The public society COFIDES will invest 150 million through the Co-Investment Fund (FOCO), contributing financial…
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