Acciona Energia signs 2 green hydrogen deals for facilities in Australia as well as the Iberian region

Dec 3, 2021 02:34 PM ET
  • Acciona Energia has actually struck bargains for multiple green hydrogen centers, one with state-owned Australian energy company Stanwell Corporation as well as a joint venture with United States company Plug Power Inc. to establish multiple manufacturing sites across Spain and Portugal.
Acciona Energia signs 2 green hydrogen deals for facilities in Australia as well as the Iberian region
Image: Acciona

Stanwell Corporation and Acciona have signed a memorandum of understanding (MoU) to establish a 3GW green hydrogen center in Queensland, Australia. It will be powered by Acciona's Aldoga solar PV plant and will certainly generate hydrogen for export to Japan and also for use in regional market.

Aldoga, situated 20 kilometres north-west of Gladstone, was at first planned as a 250MW solar project but is now expected to expand to 600MW after recently gaining authorization from the Queensland government to do so.

Stanwell's chief executive officer, Michael O'Rourke, said the company would certainly "take advantage of the direct link to the Aldoga Solar Farm to power stage among the recommended CQ-H2 hydrogen center".

" Today's agreement indicates that a central Queensland-based hydrogen center might soon be sustained with solar energy, likewise produced in main Queensland," stated Queensland leading Annastacia Palaszczuk.

In June, the Queensland government stated it would spend AU$ 2 billion (US$ 1.55 billion) on renewables and also hydrogen jobs to "turbo charge" its green healing as well as assist it provide on its 50% clean energy target by 2030.

Stanwell has united a consortium of Australian and Japanese companies to establish the electrolysis plant at Aldoga, which includes Australian gas framework company APA Group and also Japanese companies Iwatani Corporation, Kawasaki Heavy Industries, Marubeni and Kansai Electric Power Company.

Palaszczuk stated there was "growing need for eco-friendly hydrogen" in "markets like Japan and South Korea" and that "since announcing the landmark partnership between Iwatani and Stanwell, land has actually been secured at Aldoga and a US$ 10.4 million expediency study has actually been announced."

While an essential first step, the center "will need considerably greater amounts of renewable resource to support the development of stage two," said O'Rourke.

The Aldoga Solar Farm, which has a 30-year lease, is because of begin construction in September 2023, with generation result arranged to commence in December 2025.

Acciona signs joint venture, developed AccionaPlug

On the other hand, Acciona has actually authorized a 50-50 joint venture with hydrogen fuel cell experts Plug Power, creating AccionaPlug.

The company prepares to invest more than EUR2 billion (US$ 2.41 billion) to establish, operate and also keep green hydrogen projects throughout Spain and also Portugal. It will certainly supply storage, transport, and delivery services to its customers, originally targeting the commercial as well as flexibility service sections.

AccionaPlug is targeting hydrogen production facilities co-located straight with commercial customers in addition to stand-alone plants that generate hydrogen for regional circulation. It expects the initial of these to come online in 2023.

AccionaPlug is aiming for significant market share of the green hydrogen service in Spain and Portugal by 2030, with medium term prepares to have over 100 tonnes of green hydrogen production daily. It is additionally seeking to establish multiple plants, consisting of several 15 tonnes per day green hydrogen production plants to reliably serve commercial as well as emerging flexibility need.

"Interacting as AccionaPlug, we will certainly construct a durable green hydrogen ecological community that will help Europe supply on its sustainability goals, positioning Spain as well as Portugal as leading worldwide hydrogen hubs," claimed Plug Power chief executive officer Andy Marsh.

"AccionaPlug is the platform that will utilize Acciona's presence and track record in renewable energy as well as Plug Power's modern technology and knowledge in the hydrogen industry to increase the release of green hydrogen," claimed Alan Ripa, newly designated chief executive officer of AccionaPlug and former Acciona president supervisor.

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