HyDeal Ambition hydrogen project

The HyDeal Ambition project is a big plan to make and deliver green hydrogen that is competitive all over Europe. With a planned capacity of 67GW, the International Renewable Energy Agency (IRENA) called it the biggest green hydrogen project in the world.

HyDeal Ambition project overview

  • Location

Northern Spain

Spain is in an ideal location between North Africa and Northern Europe, which made it a pioneer in building the first international hydrogen pipeline backbone. Spain is a leading producer of competitive green hydrogen because it has a lot of photovoltaic (PV) resources along the route of the hydrogen pipeline.

  • Capacity

By 2030, the project plans to build 95 GW of solar power to power 67 GW of electrolysis power. This will produce 3.6 million tons of green hydrogen every year.

  • Goal

The project’s central goal is to sell green hydrogen to customers before 2030 for €1.5/kg. This price point is very important for green hydrogen to become widely used as a sustainable energy source.

  • Export Potential

Production will likely start on the Iberian Peninsula, and there are plans to expand to France and Germany.

HyDeal Ambition

Objectives and Goals

The objective of the HyDeal Ambition project is to completely change the green hydrogen industry in Europe. It brings together 30 companies that work on every part of the green hydrogen production process, from using solar power to make electrolyzers and everything in between. The companies also work on project engineering, gas transmission and storage, industrial applications, and financing.

The HyDeal Ambition project has the following main goals and objectives:

Integrating the Value Chain

The project aims to build a green hydrogen production system that includes:

  • upstream processes (like solar power generation),
  • midstream processes (like hydrogen production and storage), and
  • downstream processes (like industrial applications).

The system will also need to have the right financial structures in place. This integration is meant to make the whole production and supply chain more efficient and cut costs.

Achieving Cost Competitiveness with Fossil Fuels

The project’s goal is to sell green hydrogen to customers before 2030 for €1.5/kg. This price puts green hydrogen on par with fossil fuels and makes it possible for a lot of people to use it as a sustainable energy source.

Large-Scale Production and Delivery

By 2030, HyDeal Ambition wants to be able to produce 95 GW of solar power and 67 GW of electrolyzer power. This would make it possible to deliver 3.6 million metric tons of green hydrogen to different industries every year, such as transportation, energy, and industry. The project will be done in stages, with the first deliveries planned for Spain and the southwest of France. Later, the work will be expanded to Eastern France and Germany.

Supporting the Energy Transition and Decarbonization

The project helps the bigger goals of decarbonization and the energy transition by giving hard-to-abate sectors a way to get energy with no carbon emissions. HyDeal Ambition wants to make the European Union less reliant on complicated international supply chains, create jobs with added value, and help the EU become energy independent.

Industrial and Financial Innovation

HyDeal Ambition introduces a new way of doing business and making money that treats green hydrogen not as a niche or subsidized product, but as a common source of energy. This method is based on integrating the value chain, producing solar energy on-site, making electrolyzers more industrialized, setting up dedicated hydrogen pipelines, and collecting demand. The project’s goal is to get a clear cost advantage and make green hydrogen a real alternative to fossil fuels.

Contribution to Spain’s Energy Independence

In Spain, HyDeal España, which is part of the HyDeal Ambition, wants to make a big difference in making the country energy independent. It wants to oversee the planning, funding, and building of infrastructures for producing and sending renewable hydrogen, which will make renewable hydrogen more competitive and available to industrial complexes.

Production methods and technologies utilized

To make green hydrogen, the HyDeal Ambition project uses both clean energy sources and cutting edge electrolysis technologies. These are the main technologies and methods used for production:

Solar Power Generation

Solar photovoltaic (PV) panels will be used to make clean electricity for the project. This electricity is one of the main things that the electrolysis process needs to make hydrogen.


McPhy Energy’s “Augmented McLyzer” is used in the project. It is an advanced electrolyzer technology. This technology takes the trustworthiness and maturity of alkaline electrolysis and adds improvements to make it work better and cost less.

New technologies for making hydrogen, like advanced electrolyzers (like alkaline, PEM, and SOEC) and biomass gasifiers, could make hydrogen production even more efficient and long-lasting. The project is likely to keep an eye on these technologies. As part of the project, electrolyzer technology will be turned into an industrial one so that costs can be cut by economies of scale.

We researched startups that focus on green hydrogen technologies. You may become a member and check out how these startups produce green hydrogen.

Conversion and Utilization Technologies

Traditional plants, like those that make ammonia and methanol, will be changed to use green hydrogen as part of the project. Changing coal and gas-fired power plants into hydrogen-based plants is also part of it.

We researched startups that focus on green ammonia production technologies. You may become a member and check out how these startups produce green ammonia.

As part of the project, existing steel plants could switch from using coking coal to Direct Reduced Iron with hydrogen, which is a cleaner way to make steel.

We also researched startups that focus on green steel technologies. You may become a member and check out how these startups produce green steel.

Hydrogen Pipelines

Green hydrogen will be sent to different industrial users and storage facilities through dedicated hydrogen pipelines.

Key stakeholders


Soladvent, a serial entrepreneur in energy and technology, launched the HyDeal Ambition project.

Participants in HyDeal Ambition

Anchor sponsors

  • ArcelorMittal: A leading steel and mining company.
  • Enagás: A major operator of gas infrastructure in Spain.
  • Grupo Fertiberia: A leading company in the agricultural sector, particularly in fertilizers.
  • DH2 Energy: A company focused on renewable energy and hydrogen production.

Timeline and milestones

Initial Launch and Vision

  • The company Soladvent, which was started by Thierry Lepercq, released HyDeal Ambition in 2020 with the goal of making green hydrogen as competitive as fossil fuels.

Research, Preparation, and Official Launch

  • Before 2021, two years of secret planning, research, feasibility studies, and contract design were done to make it possible for Europe to produce and supply green hydrogen that is competitive.
  • After a lot of work getting ready, the official launch of HyDeal Ambition was announced in February 2021. The project’s big goals were to have 95 GW of solar power and 67 GW of electrolysis power by 2030, with the goal of making 3.6 million tons of green hydrogen every year.

Initial Production and Capacity Targets

  • 2022: Spain was supposed to be the first place where work would begin, with the installation of solar panels that would add up to 10 GW.
  • 2025: The project is planned to begin production, with a total installed capacity reaching 9.5 GW of solar power and 7.4 GW of electrolyzers by 2030.

Current Situation

Adjustments and Revised Targets

  • In September 2023, big changes were made to HyDeal España, which is an important part of the HyDeal Ambition project. The goals for the electrolyzer’s capacity were cut in half, to 3.3 GW by 2031, and the start-up date was pushed back to 2028. The renewable power assets that went with it were also shrunk down to 4.4 GW of solar PV capacity by 2031.
  • Changes to the Hydrogen Output: The original goal for 330,000 tons of hydrogen per year was lowered to 150,000 tons per year after the changes.

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