Cummins has partnered with Iberdrola for one of the world’s largest electrolyzer plants for the production of green hydrogen located in Castilla-La Mancha, Spain. This investment in Spain comes after Iberdrola and Cummins’ decision to partner together on large-scale hydrogen production projects in Spain and Portugal.
The companies have signed an agreement to accelerate the growth of business opportunities in the electrolyzer market in Iberia, promoting the green hydrogen value chain and making Spain a leader of this technology and industry. This alliance helps to position Cummins as a leading supplier of electrolyzer systems for large-scale projects in Iberia and Iberdrola as a leading developer of electrolyzer projects and hydrogen supplier to industrial customers.
A site selection search within the Guadalajara area of Castilla-La Mancha is currently underway for Cummins’ new €50m (£43.2m) PEM electrolyzer plant that will house system assembly and testing for approximately 500MW/year and will be scalable to more than 1GW/year. The facility, which will initially be 22,000 square metres, is anticipated to open in 2023, creating 350 new jobs as production ramps up.
Cummins is rapidly growing its capabilities to provide hydrogen technologies at scale, which is critical to the world’s green energy transition through the hydrogen economy. Cummins has deployed more than 600 electrolyzers in 100 countries globally.
Iberdrola has submitted 53 hydrogen-related projects to the Next Generation EU programme, which would activate investments of €2.5bn (£2.1bn) to achieve an annual production of 60,000tn/year.