Spanish giant joins $1.7b Tassie hydrogen project

Bilbao-based Iberdrola has singled out Australia as a key market as it works to realise its renewables superpower ambitions. Global CEO Ignacio Galan met Prime Minister Anthony Albanese in September to discuss opportunities here.It snapped up local renewables developer Infigen Energy in 2020, and was also in the running for CWP Renewables, which was won by Andrew Forrest’s Squadron Energy earlier this month.New wind farm likelyRobert Ludecke, Iberdrola Australia’s general manager for hydrogen and strategic projects, said that while the Spanish company’s commitment at this point went only as far as the design and engineering work, it was fully intending to take the venture through to a final investment decision, in about mid-2024.Commercial operation was targeted for mid-2026, Mr Ludecke said.He said Iberdrola would take charge of developing renewable energy sources that would…

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