Spanish-based Iberdrola and oil giant bp have today (July 28) unveiled a strategic alliance with plans of developing annual green hydrogen production capacity of 600,000 tonnes across large-scale green hydrogen production centres in Spain, Portugal, and the UK.
The companies have said they intend to establish a joint venture for the integrated production of green hydrogen, ammonia and other derivatives across the countries, with potential to be exported to northern Europe.
H2 View understands the collaboration plans to leverage on Iberdrola’s vast renewable energy development experience and global customer base, and bp’s experience in gas and process systems, marketing and worldwide customer base.
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