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Iberdrola and Ingeteam form new electrolyser company

Iberdrola and Ingeteam form new electrolyser company

Spanish utility Iberdrola has joined forces with Basque company Ingeteam to create a new venture dedicated to electrolyser plants.

Set to become Spain’s first integrator of large-scale electrolyser plants, Iberlyzer will begin operations next year.

It aims to integrate more than 200MW of electrolysers by 2023, which would represent over 50% of Spain’s electrolyser capacity target.

In a statement, Ingeteam said this output would be destined for the second project of the Iberdrola-Fertiberia alliance, which will produce green hydrogen for the Palos de la Frontera plant in Spain.

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