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Corporation
ric.energy

Investments

1

Partners & Customers

1

About RIC Energy

RIC Energy is a global company specializing in the development of photovoltaic projects, with additional experience in construction, operation, maintenance, and financial structuring.

Headquarters Location

Paseo de la Castellana 91, 4º 4

Madrid, 28046,

Spain

34901886320

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Latest RIC Energy News

RIC Energy and Copsesa Collaborate on Green Hydrogen Production Plant Project

May 9, 2023

RIC Energy and Copsesa Collaborate on Green Hydrogen Production Plant Project By Anela Dokso May 9, 2023 The mayor of Torrelavega, Javier López Estrada, has announced a joint project between RIC Energy and Copsesa to set up a green hydrogen production plant and derivatives on the Sniace land in Torrelavega, Spain. The project is being developed to acquire the land through public auction. The project aims to create a green hydrogen plant with an electrolysis capacity of 500 megawatts expandable with an investment of about 750 million euros and employment for about 250 people. The development of this project is part of the transition to a cleaner, more sustainable energy economy, with hydrogen being a key focus for governments and companies worldwide. The use of hydrogen as a fuel source has the potential to reduce carbon emissions significantly. RIC Energy, which specializes in photovoltaic projects, intends to bid for the purchase of the Sniace land, which has been vacant since 2020 when the factory closed. The green hydrogen plant will be a major milestone in the development of Torrelavega’s industrial sector, positioning the city as a hub for sustainable energy. The green hydrogen production plant and derivatives project is a collaborative effort between the City Council, the Ministry of Industry, RIC Energy, and Copsesa. López Estrada has stated that the city council and the Ministry of Industry have been working on this project since October 2022 to prove its viability. The project is still in the early stages, and there are potential challenges to be faced. One of these challenges is the availability of sufficient renewable energy to power the plant. Another challenge is the cost of building and operating the plant, which could be a significant barrier to the project’s success. The mayor of Torrelavega, Javier López Estrada, has expressed his optimism about the project’s potential to transform the city’s industrial landscape. He considers the green hydrogen production plant and derivatives project to be a significant milestone for the city’s future, a key industrial project, and an emblematic venture that will position Torrelavega as a leader in sustainable energy. In conclusion, the green hydrogen production plant and derivatives project is a step in the right direction towards a more sustainable energy economy, reducing carbon emissions, and promoting green jobs. It is an exciting project that could transform Torrelavega’s industrial sector, creating employment opportunities and positioning the city as a hub for sustainable energy. Share This Article

RIC Energy Investments

1 Investments

RIC Energy has made 1 investments. Their latest investment was in HESStec as part of their Series A on May 5, 2021.

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RIC Energy Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/27/2021

Series A

HESStec

$2.8M

Yes

1

Date

5/27/2021

Round

Series A

Company

HESStec

Amount

$2.8M

New?

Yes

Co-Investors

Sources

1

RIC Energy Partners & Customers

1 Partners and customers

RIC Energy has 1 strategic partners and customers. RIC Energy recently partnered with LevelTen Energy on July 7, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

7/6/2021

Vendor

United States

LevelTen Energy and RIC Energy Form Partnership to Speed up Adoption of Renewable Energy in Europe and North America.

Through this partnership , RIC Energy 's team of energy consultants will receive access to the LevelTen Energy , the world 's largest PPA marketplace , with more than 1,300 projects located in 21 countries in North America and Europe .

1

Date

7/6/2021

Type

Vendor

Business Partner

Country

United States

News Snippet

LevelTen Energy and RIC Energy Form Partnership to Speed up Adoption of Renewable Energy in Europe and North America.

Through this partnership , RIC Energy 's team of energy consultants will receive access to the LevelTen Energy , the world 's largest PPA marketplace , with more than 1,300 projects located in 21 countries in North America and Europe .

Sources

1

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