Iberdrola and Fertiberia will spend 150 million euros on the construction of a solar plant with a capacity of 100 MW, a storage system in the form of a lithium-ion battery with a capacity of 20 MW and one of the largest plants in the world to produce 720 tons of hydrogen per year.
The plant will be located in the Spanish city Puertogliano and will be part of the existing Fertiberia fertilizer production complex. The hydrogen project will start working as early as next year.
Fertiberia is the largest fertilizer supplier in the European Union and the world leader in the ammonia market. Its entry into the green hydrogen market is iconic because it is the first European company to start producing “pure” ammonia.
Iberdrola is one of the world’s most serious operators of renewable energy sources. This year the company will invest a record €10 billion in various projects, production chains and innovative technologies in the fields of renewables, smart grids and energy storage systems.
Launch of the plant will allow avoiding about 39 thousand tons of carbon dioxide emissions per year.
As is well known, hydrogen is becoming an essential part of the global energy transition, which aims to reduce the dependence of transport, chemistry and industry in various countries on hydrocarbons. More and more companies see hydrogen as the most important part of this transition.