Hygreen Energy, a leading global electrolyzer manufacturer, announced a $2.2 billion investment in developing green hydrogen capacity in Spain's Andalusia region. The company signed a strategic agreement with Spanish energy utility Coxabengoa to collaborate on hydrogen technology and electrolyzer production across Europe. The partnership aims to leverage Coxabengoa's market position and Hygreen's expertise to offer the European market a competitive pathway for electrolyzer and green hydrogen adoption. By expanding hydrogen generation in Europe and setting up an industrial platform for collaborative R&D, the two companies are focused on advancing hydrogen technologies. With over 300 completed projects worldwide and a manufacturing capacity of 2 GW, Hygreen Energy is positioned to drive innovation in electrolyzer solutions. Executives from both companies highlighted the importance of the partnership in accelerating market adoption and capturing the rapid growth of green hydrogen. Enrique Riquelme, Executive President of Coxabengoa, emphasized Andalusia's leadership in the green hydrogen sector, while Javier Romero, Board Director at Hygreen Energy, stressed the long-term value that the partnership will bring to the companies, Andalusia, and Europe as a whole.