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Commission approves €450m Italian renewable H2 support scheme
4 April 2023![](https://hydrogeneurope.eu/wp-content/uploads/2022/02/hydro-960x720-px-16-1f13645ba5aaa75151785ca8c4d8f156.jpg)
Building a global green H2 ecosystem, ft. Plug Power CSO Sanjay Shrestha
5 April 2023German wind turbine group Nordex announced plans to develop gigawatt-scale green hydrogen projects with Acciona and a dive into the electrolyser business as it formed two joint ventures in renewable H2.
Spanish infrastructure group Acciona – which is also Nordex’s largest shareholder – will invest €68m ($74m) for a 50% stake in Nordex H2, with an ambition to amass a 50GW pipeline of projects – rated by renewable power source – targeting hydrogen production at off-grid, high-wind sites.
The JV will start life with eight sites in the US, Latin America and Africa, but won’t be active and in Spain and Portugal, where Acciona has a separate alliance with Plug Power.