- Press Releases
July 24 (Renewables Now) - Iberdrola SA (BME:IBE) has announced it will build a solar-plus-storage system and a 20-MW electrolyser for the production of green hydrogen in the industrial city of Puertollano, Spain.
The Spanish utility group said it has signed an agreement with fertilizer producer Fertiberia, which will use the hydrogen at its ammonia plant in Puertollano.
Set to move an investment of EUR 150 million (USD 174.2m), the project will involve the construction of a 100-MW solar photovoltaic (PV) park, a lithium-ion battery system with storage capacity of 20 MWh and the electrolyser.
The off-taker will upgrade the fertilizer plant to be able to use the hydrogen. Oxygen, as a byproduct of electrolysis, will be used entirely in Fertiberia’s nitric acid unit.
The whole set-up will help Fertiberia reduce its natural gas needs at the plant by over 10% and avoid some 39,000 tonnes of CO2 emissions per year once the system is in operation, Iberdrola said.
The hydrogen plant will be operational in 2021.
(EUR 1.0 = USD 1.161)