· With these additions, SHYNE expands its industrial ecosystem to accelerate the deployment of renewable hydrogen in the decarbonization of the Spanish economy
· Exolum strengthens its involvement in the association and assumes a new role as promoter
· Moeve, in its commitment to being a benchmark in the production of green molecules such as renewable hydrogen, joins as a promoting partner
Madrid, March 25, 2026. The Spanish Hydrogen Network (SHYNE) has announced the addition of Exolum and Moeve as new founding members of the alliance. With these additions, SHYNE reinforces its leadership as an industrial platform to promote renewable hydrogen as a key energy vector for transforming Spain's energy, industrial, and economic landscape.
Formed by major players in the renewable hydrogen ecosystem, SHYNE has grown since its founding and now has nine founding partners. Exolum and Moeve join Alsa, Bosch, Enagás, Enagás Renovable, Navantia Seanergies, Repsol, and Talgo, along with more than 25 affiliated entities. SHYNE is thus consolidating its position as the leading platform and collaborative hub that unites the different links in the renewable hydrogen value chain to drive large-scale projects that contribute to the decarbonization of industry and transportation using this energy vector.
“The addition of Exolum and Moeve as promoting partners is a very significant milestone for SHYNE. They strengthen our ecosystem and share the association's commitment to promoting renewable hydrogen as a key energy vector for decarbonization,” he stated. Javier Arboleda, CEO of SHYNE. “Joining forces across the entire value chain is fundamental for the effective development of projects.”.
With these additions, SHYNE reinforces its position as a national and European benchmark, promoting multi-sector collaboration to accelerate the industrial deployment of renewable hydrogen and contribute to national and European objectives for the energy transition.
Exolum, logistical capabilities for the deployment of renewable hydrogen
Exolum is a leading multinational in the storage and logistics of liquid and gas bulk cargo. The company, already an affiliate of SHYNE, is now increasing its involvement by becoming a founding partner, reinforcing its commitment to the association and to the development of the renewable hydrogen ecosystem.
At SHYNE, the company contributes its expert vision to the development of comprehensive logistics infrastructure projects and energy connectivity, a strategic element to guarantee the supply and efficient distribution of renewable hydrogen, key for industrial and transport sectors.
“The deployment of renewable hydrogen requires a robust logistics network connecting production, storage, and demand. At Exolum, we want to contribute to this challenge by putting our experience in energy infrastructure at the service of SHYNE and an industrial ecosystem that drives the energy transition in Spain.”, points out Ignacio Casajús, Senior Vice President Global Energy Logistics of Exolum.
Moeve is committed to the deployment of renewable hydrogen.
Moeve, a company committed to sustainable energy and mobility based on green molecules, is positioning itself as a key player in the production phase. Its acquisition of SHYNE coincides with a fundamental milestone in the development of renewable hydrogen in Spain: the final investment decision to begin the first phase of the Andalusian Green Hydrogen Valley, the largest green hydrogen project in Southern Europe. The project, which involves a joint investment of over €1 billion, also includes the participation of Masdar and Enalter (whose majority shareholder is Enagás Renovable, a SHYNE development partner).
In the words of Joaquín Rodríguez, Director of Hydrogen & Clean Power at Moeve: “Spain possesses the ideal characteristics to become a European leader in renewable hydrogen: capable of producing large quantities of synthetic hydrogen-based fuels thanks to unique climatic conditions, competitive renewable resources, and highly developed infrastructure that allows for cost-competitive production. Alliances such as the one forged with SHYNE, which drive significant projects, represent a further step for our company in our strategy to lead and promote the large-scale production of green molecules in Spain to achieve energy independence, security of supply, and industrial competitiveness.”
About SHYNE
SHYNE (Spanish Hydrogen Network) is an association that was created with the aim of being a catalyst and driving force behind renewable hydrogen-based projects that will make the transformation of a decarbonized national economy and a sustainable and competitive industry a reality.
SHYNE, backed by nine leading companies in their respective sectors – Alsa, Bosch, Enagás, Enagás Renovable, Exolum, Moeve, Navantia Seanergies, Repsol, and Talgo – unites all links in the value chain, bringing together the generation, distribution, and consumption of renewable hydrogen across various sectors of our economy. With a collaborative vision and a comprehensive approach, SHYNE aims to become a key player in the hydrogen ecosystem, positioning Spain as a European leader in this technology. To this end, it also has 25 affiliates: Adática, Almar Water Solutions, Alpiq, Avia, Calvera Hydrogen, Carburos Metálicos, National Hydrogen Center, CGI, Pontifical University of Comillas, CTAG, DH2 Energy, Foundation for the Development of New Hydrogen Technologies in Aragon, Gasnam, Hellonext, HVR Energy, Ibil, IMDEA Energy Institute, Idesa, Ignis, Nordex, Scale Gas, TaiichiO & Wolf Projects, Toyota, University of Castilla-La Mancha and Zoilo Ríos.
