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Repsol Turns Toward Green Hydrogen

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Repsol, which has seen its share of ups and downs in the LNG business, now plans to invest some €2.55 billion ($2.95 billion) in renewable hydrogen production and infrastructure by 2030, the company announced Thursday. Unveiling its hydrogen strategy for the rest of the decade, the Spanish major said it aims to have hydrogen capacity installed by 2030 equivalent to 1.9 gigawatts.

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