03/12/2020 (Spain) White Summit Capital, Castleton Commodities International (CCI), Nortegas, SENER and Bizkaia Energía will launch the first green hydrogen plant in Spain with a capacity of 20 MW, which will maximize the benefits of... existing infrastructure in Amorebieta (Biscay), giving the project a superior speed and competitiveness.
The goal is to generate 1,500 tons of green hydrogen per year from 100% renewable sources, avoiding the emission of more than 12,000 tons of CO2 into the atmosphere.
A portion of the green hydrogen generated will be used in Bizkaia Energía's Gas-fired Combined Cycle Gas Turbine (CCGT) plant - next to which the new hydrogen project will be located - in order to reduce the CO2 emissions of the current conventional power generation technology.
The project, which will commit an initial investment of €50 million, is expected to reach start of operations by the end of 2022 thanks to the use of existing infrastructure. The intention is to scale-up the project to 200MW by 2030 with a total investment of €300 million.The plant will also generate sustainable employment in the region by giving Boroa's current facilities a future beyond conventional power generation.[+]
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