HyDeal has picked up partners for a multi-GW solar-connected electrolyser project in Spain.
The company picked engineering, procurement and construction (EPC) partners for the initial phase of the project.
It is regarded as Europe's largest integrated renewable hydrogen hub, HyDeal Espana. It is an industrial joint-venture formed by ArcelorMittal, Enagas, Grupo Fertiberia and DH2 Energy.
As per reports, the total installed capacity is likely to reach 9.5GW of solar power and 7.4GW of electrolyser capacity.
According to the company, VINCI Construction, Tecnicas Reunidas, PowerChina Guizhou Engineering will be responsible for the basic design phase of the project. They will produce the technical design, architecture and supply chain of the plants. It has been informed that they will be supported by TSK as the owner's engineer.
The project plans to "deliver competitive renewable hydrogen to an industrial complex in Asturias from facilities based in northern Spain," a report mentioned.
Thierry Lepercq, executive chairman of the joint venture and spokesperson for HyDeal Ambition, commented, “This is a resounding vote of confidence for the HyDeal model and excellent news for all energy users, in Spain and beyond, which are seeking secure and competitive alternatives to fossil fuels at a critical time on energy markets.”
The plant aims to produce about 150,000 tonnes of renewable hydrogen annually from 2026. It targets to reach 330,000 tonnes in 2030. Production is planned to start by the end of 2025.
