Iberdrola will commit to using 100% renewable electricity in the electrolysis process to meet electrification and decarbonisation needs of sectors such as industry and heavy transport, the company stated.
Iberdrola has already initiated projects in Spain and the UK, with an investment of €150m.
In Spain, in Puertollano in Ciudad Real, the company is developing the largest green hydrogen plant for industrial use in Europe, which will be commissioned in 2021.
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