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PT_BR 
Nordex Group, a manufacturer of wind equipment, announced the creation of two joint ventures to operate in the production of green hydrogen and the manufacture of electrolysers, key components for the production of the chemical element. The partnerships were signed with the companies Acciona and Sodena.
“With two joint ventures, the Nordex Group establishes a presence in the hydrogen value chain, while, in parallel, continuing the company's strategy of focusing on a low-risk profile,” said José Luis Branco, the company's CEO, in a press release .
Experts expect the demand for hydrogen to grow exponentially by around 700% over the next 30 years. To achieve the goal of net zero by 2050, the majority of this technology needs to come from clean sources.
The joint venture with Acciona, Nordex H2 SL, will develop green hydrogen projects in areas with abundant onshore wind resources. Supported by experience in developing wind farms, Nordex Group has built a pipeline of hydrogen projects in the United States and Latin America.
Acciona purchased a 50% stake in this new Nordex Group venture for €68 million to finance the development and expansion of the business.
With a renewable energy development pipeline of 50 GW, the joint venture's objective is to develop projects that will produce 0.5 million tonnes of green hydrogen annually over the next ten years. The first projects would be ready to operate in 2027.
Each of the projects, whose minimum size will be 1 GW of installed renewable power, will be implemented through strategic agreements with other companies and public and private institutions interested in the mass production or consumption of green hydrogen.
“We are very happy to accelerate these achievements together with Acciona, a strong partner with extensive experience in large infrastructure projects”, says Blanco. “This joint venture reinforces our shared commitment to decisively contribute to the decarbonization of the global economy.”
The second joint venture with Sodena (Nordex Electrolyzers) aims to develop, manufacture and sell electrolyzers using its own technology. Both the Nordex Group and Sodena, a public company owned by the Government of Navarra (Spain), will allocate 15 million euros to this initiative over the next five years to promote the development of a commercial prototype and its first industrial implementation. Experts expect demand for electrolysers to grow from a very marginal capacity base today to 400 GW by 2030.
