BP and Iberdrola have announced the commencement of construction on a joint venture for a 25 MW green hydrogen production project. The project marks a significant move towards renewable energy sources and reducing carbon emissions. Imefy has been selected to supply the transformer for the plant, indicating progress in the development of infrastructure for renewable hydrogen production. The collaboration between BP and Iberdrola highlights the growing interest and investment in green hydrogen as a clean energy solution. This development aligns with global efforts to shift towards more sustainable energy practices and decrease reliance on traditional fossil fuels. In addition, the availability of premium services like Quantum Commodity Intelligence for professionals in energy markets underscores the increasing importance and demand for information and insights in the evolving energy landscape.