In Spain, RIC Energy and Siemens have signed a Memorandum of Understanding (MoU) to jointly develop innovative projects in the fields of renewable hydrogen, green ammonia, and e-fuels in Spain. The collaboration will especially boost the sustainable aviation fuel (e-SAF) plant that RIC Energy is promoting in Cubillos del Sil (León), known as the Compostilla Green project, which was recently recognized by IDAE as the top-rated initiative under the Hydrogen Valleys program.
The agreement, which includes the participation of various Siemens Group entities (Siemens S.A., Siemens Industry Software, Siemens Financial Services, and Siemens Innovation Strategies), foresees cooperation in both technical and financial aspects, including the potential development of joint solutions and the exploration of structured financing mechanisms for the projects.
Key areas to be addressed include operational efficiency, process decarbonization, industrial safety, and the advanced digitalization of infrastructures.
In addition to reinforcing the technological strength of the Compostilla Green project, the collaboration also extends to the Besaya project in Torrelavega (Cantabria), another strategic RIC Energy initiative within the field of large-scale industrial projects related to sustainable fuels.
Tags: RIC Energy, Siemens, Spain
Category: Fuels
