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Investors - NOVEMBER 4, 2020

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Iberdrola moves forward with Europe’s largest green hydrogen project

by Kali Persall

Iberdrola has selected European company Nel Hydrogen Electrolyser as the supplier for the construction of the project’s hydrogen production system using electrolysis.

The €150 million ($175 million) green hydrogen project in Puertollano, Spain, is the result of an alliance between Iberdrola and Fertiberia that concerns the development of 800 megawatts of green hydrogen at the Fertiberia plants in Puertollano and Palos de la Frontera by 2027. The initiative represents an investment of €1.8 billion ($2.1 billion) over the next seven years and could make Spain an industrial leader in green hydrogen and the first country with 100 percent production of ammonia for completely green fertilizers, according to Iberdrola.

The project will include a 100-megawatt solar photovoltaic plant, a 20-megawatt hour lithium-ion battery system and a system for producing hydrogen by electrolysis. The green hydrogen produced will be used in the Fertiberia ammonia factory and will be ada

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