Nel Hydrogen Electrolyser, a division of Nel ASA, has been awarded a EUR 13.5 million contract by Iberdrola for a 20 MW PEM solution for a green fertiliser project in Spain.
“We are excited to finalise the agreement with Iberdrola for a PEM electrolyser solution for this landmark green fertiliser project. It is a true testament to our PEM platform, which has been deployed all over the world for several decades. We look forward to work with Iberdrola to scale our PEM platform into a 20 MW solution and the partnership represents an important step towards our common vision of enabling green hydrogen competitive to fossil hydrogen,” says Filip Smeets, SVP Nel Hydrogen Electrolyser.
Iberdrola, one of the largest electricity utilities in the world, has together with a global fertiliser manufacturer Fertiberia to launch a project to establish the largest green hydrogen plant in Europe. Located in Puertollano, Spain it will feature a 100 MW photovoltaic plant, a battery installation with a storage capacity of 20 MWh, and a 20 MW electrolyser. The hydrogen will primarily be used for green fertiliser production.
“The Iberdrola project is strategically important for Nel. It requires commercialisation of technology in the form of a new product range addressing a significant market with one of the leading companies in the industry. This partnership with Iberdrola will push our organisation to the limits with technology development, demanding cost reductions and risk mitigation, as it represents an important milestone for the scale-up and roadmap for our future PEM solutions,” Smeets concludes.