Endesa to invest 2.9 billion euros in 23 green hydrogen projects in Spain

Enel’s Spanish subsidiary Endesa has submitted a letter of interest to Spain’s Ministry of Ecological Transition to develop up to 23 green hydrogen projects in Spain.

The investments associated with these projects, including the investment in the renewable plants that will power the electrolyzers, amount to approximately 2.9 billion euros.

The projects cover different activities throughout the green hydrogen value chain, from production to consumption.

As Pontes (A Coruña) is the most underway advanced project to date and will have a 100 MW electrolyzer and six associated wind farms, with an overall capacity of 611 MW.

The project is expected to create some 1,600 jobs during the 18 months of construction.

The electrolyzer’s construction is due to take around 24 months, employing approximately 120 people.

Over some 20 years, the electrolyzer’s operation and maintenance is expected to require the work of around 100 people.

The total investment in the As Pontes project will reach 738.2 million euros.

The complex is expected to produce 10,000 tons of green hydrogen and employ some 130 professionals in operation and maintenance work (100 in the electrolyzer and another 30 in the wind farms).

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