April 29 (Renewables Now) – Spanish photo voltaic PV developer RIC Vitality is branching out into the inexperienced hydrogen enviornment with a plan to alone deal with the set up of as much as 15 MW of solar-powered electrolysers in Valladolid province, northwest Spain.
The proposal for the mission was unveiled on Thursday by RIC Vitality and town council of Arroyo de la Encomienda, a Valladolid municipality that can host the inexperienced hydrogen plant and associated infrastructure.
Based on the corporate’s presentation, the primary section of the mission will contain the development of a 18-MWp photo voltaic farm and a 5-MW electrolysis system made up of two 2.5-MW PEM stacks.
In later levels, the photo voltaic PV capability would enhance to 50 MW, whereas the electrolyser capability would develop to fifteen MW.
RIC Vitality says it has already finalised the fundamental engineering aspect of the mission and accomplished the environmental influence evaluation. It would intention to take the ultimate funding determination for the estimated EUR-25-million (USD 26.4m) mission within the fourth quarter of 2022 or the primary quarter of 2023.
The primary-phase plant is predicted to be in operation in late 2023 or early 2024.
Primarily based on the mission presentation, RIC Vitality shall be in control of your complete worth chain of the mission — from solar energy era at its personal farm, inexperienced hydrogen manufacturing, compression and storage, and distribution to off-takers. It expects to search out off-takers amongst industrial customers, pure gasoline corporations and clear mobility operators within the Valladolid space.
No different companions or consortia have been talked about within the presentation.
Town of Valladolid, situated some 180 kilometres (111.8 miles) from Madrid, was chosen on account of being properly related by roads resulting in different main cities and industrial areas of Spain, and to France and Portugal. The corporate additional says it has a pipeline of 783 MWp of photo voltaic PV tasks within the Castile and Leon area, the place Valladolid is.
Within the presentation, RIC Vitality revealed that it has one different inexperienced hydrogen mission in improvement in Spain. This mission, named the Puertollano HydRIC, shall be situated within the area of Castile-La Mancha, and have a 255-MW photo voltaic farm and 100 MW of alkaline electrolysers.
(EUR 1.0 = USD 1.057)
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