The renowned power developer Iberdrola has officially launched its new green hydrogen plant in Spain.
The plant of €150 million is located in Puertollano, Spain. Besides green hydrogen, the project includes a new 100MW solar plant and a 20 MWh lithium-ion battery storage system.
According to the company, the produced green hydrogen will be used by Fertiberia Group in its fertilizer plant. The use of green hydrogen is expected to reduce the natural gas needs of the plant.
It has been reported that Fertiberia will become the "first European fertilizer company to capitalise on green hydrogen’s potential on an industrial scale."
This plant is expected to produce up to 3000 tonnes of green hydrogen annually. It means it will be avoiding 78,000 tons of CO2 emissions in a year.
According to Iberdrola, this is the largest facility producing the clean fuel for industrial use in Europe.
Iberdrola chairman and chief executive Ignacio Galan stated that this project was part of the "company's strategy to invest in all technologies that contribute to the decarbonization of the economy and increase energy independence".
Regarding the PV plant, the company informed that it will use bifacial modules. "The design will enable the production of 156,000MWh of electricity a year, equivalent to supplying clean energy to more than 47,000 homes," a report mentioned.