Nordex enters green hydrogen market

Turbine maker Nordex has formed a 50:50 joint venture with parent group Acciona to develop green hydrogen projects linked to non-grid-connected onshore wind farms.

The partners said they would develop green hydrogen projects in areas with abundant wind resources and no links to conventional power grids, where green hydrogen coiuld be made at a competitive price. Acciona has paid €68m for a 50% stake in the tie-up, which has a goal of growing a portfolio to produce 500,000 tonnes of green hydrogen annually by 2033.

The venture's first projects are set to be ready-to-build by 2027 and each with at least 1GW of installed renewable power.

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