Incredible new alliance to spark major transition in renewable energy industry — here’s what you need to know

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Two companies in Spain are capitalizing on the power of waste to help meet their climate goals.

PreZero Spain has signed an agreement with Cepsa, a multinational oil and gas company headquartered in Madrid, in an effort to ramp up decarbonization efforts for both companies, Renewable Energy Magazine reported.

As part of the arrangement, PreZero will supply biomethane from some of its projects to Cepsa. The two companies are also joining forces to build a new biomethane plant in the Huelva province of Andalusia. When completed, it will be one of the largest installations of this type of energy in Spain and will have the capacity to heat around 20,000 homes.

Meanwhile, the two companies have plans to recover waste to produce second-generation biofuels and chemical products and to decarbonize PreZero’s Spain and Portugal land fleet of more than 750 vehicles.

“This agreement stems from the enormous potential in Spain for the development of…

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