Iberdrola Chairman announces green hydrogen business unit at New York Climate Week

Speaking at New York Climate Week yesterday, Ignacio Galán, Chairman of Iberdrola, confirmed the company’s commitment to green hydrogen through the creation of a new business unit.

With a goal to be a world leader in hydrogen technology, the company has joined the technological challenge of producing and supplying hydrogen from clean energy sources, using 100% renewable electricity in its electrolysis process.

The Spanish multinational electric utility has however already expressed an interest in the clean fuel. With an investment of nearly €150m, Iberdrola is developing what it believes to be the largest green hydrogen plant in Puertollano, Spain.

Read more: Green hydrogen plant planned for Spain

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