Chinese electrolyser manufacturer, Hygreen Energy, is set to invest 2 billion euros ($2.2 billion) in a green hydrogen plant in Andalusia, Spain. This investment is part of a broader agreement that includes a partnership with Spanish firm Coxabengoa to advance green hydrogen technology in the region. Andalusia aims to position itself as a leader in green hydrogen within Spain and Europe by capitalizing on its extensive wind and solar power resources. Green hydrogen, which is produced using renewable electricity, is crucial for achieving decarbonization goals in Europe, even though current projects are not cost-competitive and rely on subsidies. The region's strategic focus on green hydrogen reflects a larger trend towards sustainable energy practices and innovation in the fight against climate change.