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Iberdrola Puertollano Green Hydrogen

Operational✓ Source-checked

Iberdrola

Project Overview

Country
Spain
Region
Castilla-La Mancha
Capacity
20 MW
Technology
PEM Electrolysis
Investment · scope not declared (USD)
$165M
Subsidy Status
disbursing

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Development Timeline

AnnouncedJun 2020
FIDMar 2021
ConstructionJun 2021
OperationalMay 2022

Readiness Score

88/ 100
Mature

Weighted checklist of public info. Not a prediction of success.

Development

✓Final Investment Decision+15
✓EPC Contract signed+10
✓Permits obtained+8
✓Grid connection secured+7

Commercial

✓Binding offtake agreement+15
✓MOU / offtake letter of intent(implied)+5
✓Confirmed price / tariff+5
✓Applied to government program+5

Financing

✓Project finance / debt secured(implied)+10
✓Subsidy (disbursing)+10

Track Record

✗Developer has completed H2 project+5
✓Developer has completed RE project+3
✓Developer has energy experience+2
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