US power solutions provider in Spanish green hydrogen partnership
US-based power solutions provider Cummins said May 24 it had established a partnership with Spanish energy company Iberdrola to develop green hydrogen technology in Spain
An agreement outlines plans to build up the electrolyser market in Spain with the aim of developing hydrogen as a source of energy, an emerging resource in the global energy transition.
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Cummins CEO Tom Linebarger said the partnership with Iberdrola facilitates the energy transition underway in the European Union.
“Our partnership with Iberdrola will connect us with a major clean energy company and strategically positions us to be a European leader in green hydrogen production,” he said.
The companies said they have already started examining potential sites for Cummins' new $60mn electrolyser plant that would house system assembly and testing for up to 500/year initially, scalable to 1 GW/year. Operations could begin as soon as 2023.
The partnership extends to a 230-MW green hydrogen project that Iberdrola has planned for Spanish fertilizer producer Fertiberia, for which Cummins will supply the electrolyser.
Elsewhere, Cummins and Iberdrola said they would work to develop a hydrogen refueling station in Barcelona.
This is the second green hydrogen announcement for Iberdrola in less than a week. On May 20, the Spanish company said it teamed with Japanese power equipment supplier Mitsubishi Power to advance green hydrogen projects in different regions around the world.
The partners will look at developing green hydrogen production facilities, battery storage systems and electrified heat production facilities in order to support carbon-neutral industry.