Cespa and Bio-Oils have commenced construction on the largest 2G biofuels (produced from agricultural waste or used cooking oils) plant in Southern Europe, doubling the group’s current capacity to one million tons per year. The new facility, to be built in Palos de la Frontera, Huelva, will be funded by a 1.2bn euro ($1.3bn) investment and is expected to be operational by 2026. Teresa Ribera, third vice-president and minister for the ecological transition and the democratic challenge, said: “It is not enough to just change the color of molecules or electrons; the industries behind them, the services behind them, are

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