Iberdrola and Fertiberia have signed an agreement, which involves an investment of EUR150 million or US$175 million, to construct the largest plant to produce green hydrogen for industrial use in Europe. The Spanish companies are to build the plant in Puertollano and it will be operational in 2021.
Iberdrola will be responsible for the production of green hydrogen from 100% renewable sources. The solution will consist of a 100 MW photovoltaic solar plant, a lithium-ion battery system with a storage capacity of 20 MWh, and one of the largest electrolytic hydrogen production systems in the world (20 MW).
The green hydrogen produced will be used at Fertiberia's ammonia plant in Puertollano. This plant is already one of the most efficient in the European Union, with a production capacity of more than 200,000 t/year. Fertiberia will update and modify the plant to be able to use the green hydrogen produced to manufacture green fertilizers.
The project will take place in the municipality of Puertollano, in Ciudad Real, a prime location with a large industrial hub near to the National Hydrogen Centre, which has advised from the very beginning of the project.
Its development and construction will generate 700 jobs and, once operational, will avoid 39,000 the emission of tCO2/year.
