Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex
  • Primary Hydrogen Advances Natural Hydrogen Exploration in Atlantic Canada
  • Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations
  • Hyundai Bets on Indian Hydrogen Ecosystem with New R&D Hub at IIT Madras
  • Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets
  • Why Most Hydrogen Research Will Never Scale—and How Balkan Labs Are Quietly Changing the Game
  • E.ON Cancels 20MW Hydrogen Plant in Essen
  • Repsol Abandons 130MW Hydrogen Project in Puertollano Amid Economic and Technical Concerns
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Projects
hydrogen

BP and Iberdrola to Develop 25 MW Green Hydrogen Project

Arnes BiogradlijaBy Arnes Biogradlija12/09/20242 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

BP and Iberdrola have formed a 50-50 joint venture in Spain to develop a 25 MW green hydrogen project as part of the HyVal initiative. They have announced the final investment decision for a green hydrogen project in Castellón.

They have approved constructing the first project in the Valencian Community (HyVal) ‘s green hydrogen cluster. This 25 MW project at BP’s refinery in Castellón is expected to be operational by the second half of 2026. It is the first green hydrogen project jointly undertaken by BP and Iberdrola through Castellón Green Hydrogen S.L., a joint venture both companies own.

Details on the Electrolyzer

The 25 MW electrolyzer will be powered by renewable electricity through a power purchase agreement (PPA) with Iberdrola, supplying 200 GWh/year from Iberdrola’s photovoltaic and wind projects. It will include 5 modules of proton exchange membrane (PEM) technology in 5 MW containers, supplied by the American company Plug Power, which formed a joint venture with Acciona in 2021. The green hydrogen produced through water electrolysis powered by renewable electricity will meet European requirements for green hydrogen production (Renewable Fuels of Non-Biological Origin, RFNBO). This will aid the transition of BP’s Castellón refinery towards an integrated energy center. It is expected that 2,800 tons of green hydrogen annually will replace part of the currently used grey hydrogen produced from natural gas.

Official Presentation

The project was officially presented in July 2024 during a public event to celebrate the signing of the final investment decision between BP and Iberdrola.

Investment Details

The initiative represents an investment exceeding 70 million euros, with 15 million coming from NextGeneration funds. It will create 500 direct jobs and involve the Institute of Energy Technology (ITE).

Future Expansion Plans

In parallel with this initial 25 MW project, BP is exploring opportunities to increase capacity in the coming years. In later phases, the produced green hydrogen could also be utilized in key industries difficult to decarbonize in the Valencian Community, such as the ceramic sector, replacing the natural gas used in their processes, chemical industries, and heavy transport.

Share. LinkedIn Twitter Facebook Email

Related Posts

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil's Fawley Complex

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex

09/07/2025
Hydrogen

Primary Hydrogen Advances Natural Hydrogen Exploration in Atlantic Canada

09/07/2025
Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

09/07/2025
Hyundai Hydrogen

Hyundai Bets on Indian Hydrogen Ecosystem with New R&D Hub at IIT Madras

09/07/2025
Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets

Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets

09/07/2025
Hydrogen

Why Most Hydrogen Research Will Never Scale—and How Balkan Labs Are Quietly Changing the Game

08/07/2025
Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil's Fawley Complex

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex

09/07/2025
Hydrogen

Primary Hydrogen Advances Natural Hydrogen Exploration in Atlantic Canada

09/07/2025
Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

09/07/2025
Hyundai Hydrogen

Hyundai Bets on Indian Hydrogen Ecosystem with New R&D Hub at IIT Madras

09/07/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.