Mallorca Set to Become Green Hydrogen Hub with Large Investment Plans
Key Ideas
- International companies are looking to produce green hydrogen in Mallorca due to the increasing use of hydrogen in public transport.
- Go Energy Group from the UAE plans to establish the largest green hydrogen and ammonia complex in the Mediterranean on the island.
- The investment of €200 million will create job opportunities and require cooperation from local high energy users.
- The success of the project depends on obtaining planning permission and convincing local businesses to switch to green power.
Mallorca is attracting interest for green hydrogen production as public transport shifts towards hydrogen power. Go Energy Group has purchased 400 hectares of land to build a large green hydrogen and ammonia complex on the island, with additional plants in Menorca, San Juan del Puerto, and Gibraleon in Spain. The €200 million investment aims to open the plants by 2027, providing a significant supply of hydrogen for the island. However, the project's success hinges on securing planning permission and convincing local businesses, like hotels, to switch to green energy. If successful, hundreds of new jobs could be created, boosting the local economy and contributing to the energy transition in Mallorca.
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