bp and Iberdrola announce final investment decision

bp and Iberdrola have given the green light for construction of a 25 MW green hydrogen project at bp’s Castellón refinery which is expected to be operational in second half of 2026. This is the first hydrogen project jointly undertaken by bp and Iberdrola through Castellón Green Hydrogen S.L., a joint venture equally owned by

Plan to establish Spanish-Dutch hydrogen corridor mooted

The agreements were signed on 13 June when the Executive Chairman of Iberdrola, Ignacio Galan, received His Majesty the King of the Netherlands at the Puertollano plant.

Iberdrola to invest €1.1 bn in green hydrogen and methanol plant

Iberdrola has announced intentions to invest more than €1.1 billion (around $1.7 billion) in a green hydrogen and methanol plant in Tasmania. Iberdrola is partnering with Australian hydrogen developer Abel Energy to build the plant in Bell Bay. The Australian government is backing the project. Iberdrola and Abel Energy said the plant will be one

Iberdrola announces plan to invest €3bn in green hydrogen

Spanish energy utility Iberdrola has committed to investing €3bn ($3.2bn) in green hydrogen as part of its efforts to expedite the European Green Deal. Initially agreed on in 2020, the European Green Deal calls for a 55% reduction in greenhouse gas emissions by 2030 and to make Europe climate-neutral by 2050. Iberdrola chairman Ignacio Galán