Nel enters deal for large-scale hydrogen plant
Spanish power utility Iberdrola has signed an MoU with the hydrogen firm on developing a technological value chain for green H2 in Spain, initially with a 200-MW production facility.
First off, it's about fertilizer, which could be seen as a suitable analogy for Nel's continued massive growth amid the nourishing mulch of green hydrogen, now further manifesting in the form of a major Memorandum of Understanding signed with one of Europe's largest power companies, Spain's Iberdrola.
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