Iberdrola inaugurates green hydrogen plant in Puertollano, Spain
- Spanish utility Iberdrola SA (BME: IBE) on Friday inaugurated its 20-MW green hydrogen plant in the commercial town of Puertollano in the visibility of the King of Spain Felipe VI.
The business proclaims the plant as Europe's biggest green hydrogen facility for industrial use, stating that it will be capable of producing approximately 3,000 tonnes of green hydrogen annually. The facilities at the site in south-central Spain additionally include a dedicated 100-MW solar farm, geared up with bifacial panels, as well as a lithium-ion battery system with a storage capacity of 20 MWh.
The complete investment in the project gotten to EUR 150 million (USD 156.4 m), an amount that consists of costs on the green hydrogen facilities as well as the solar farm, Iberdrola said.
Neighborhood fertilizer producer Fertiberia will off-take the hydrogen and oxygen for its production procedures.
Successor for Fertiberia and also Iberdrola is the turn out of more green hydrogen projects at other Fertiberia sites in Spain by 2027. Under this plan, the utility group would certainly supply green hydrogen manufacturing capacity of some 40,000 tonnes per year for Fertiberia's consumption needs, with a possible financial investment calculated at regarding EUR 1.8 billion.