By Stephen Nakrosis
Cummins Inc. on Monday said it chose Spain for the location of its new EUR50 million PEM electrolyzer plant.
The company also said it was working with Iberdrola SA "to accelerate the growth of business opportunities in the electrolyzer market of Iberia, promoting the green hydrogen value chain and making Spain a leader of this technology and industry."
Cummins said it is searching within the Guadalajara area of Castilla-La Mancha for a site for the new plant. The facility will house system assembly and testing for about 500 MW/year and will be scalable to more than 1 GW/year, the company said. The facility is expected to open in 2023, creating 350 new jobs, Cummins said.
Cummins also said it would be the electrolyzer supplier for a 230MW green hydrogen project that Iberdrola has planned for fertilizer company Fertiberia.
"Through the experience acquired in the project, Iberdrola and Cummins will jointly collaborate in the design of solutions for large electrolysis projects," the company said.
"Cummins and Iberdrola are also collaborating on a hydrogen refueling station in Barcelona, Spain with additional partnership and broader collaboration opportunities anticipated in the future," the company said.
--Write to Stephen Nakrosis at email@example.com
(END) Dow Jones Newswires