Repsol Trims Green Hydrogen Targets, Focuses on Returns Over Capacity
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Repsol has reduced its green hydrogen production targets by up to 63%, aiming for a hydrogen electrolyser capacity of 0.7-1.2 GW by 2030. The company is prioritizing returns over capacity expansion.
February 21, 2025 | 8:00 pm
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Repsol has significantly reduced its green hydrogen production targets, focusing on financial returns rather than capacity expansion. This strategic shift may impact investor sentiment and future revenue projections.
Repsol's decision to cut its green hydrogen targets by up to 63% indicates a strategic shift towards prioritizing financial returns. This could lead to a negative short-term impact on the stock price as investors may have expected more aggressive growth in the green hydrogen sector. The reduced targets may also affect future revenue projections, as the company is focusing less on capacity expansion.
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