Matrix Renewables, the TPG Rise-backed global renewable energy platform, and Rolwind Renovables experts in the development of renewable energy infrastructures, today announced the expansion of their partnership through the creation of HYREN, a new platform dedicated to the development and creation of the green hydrogen economy in Spain.
The companies have signed an agreement to establish the platform dedicated to the implementation, production, and commercialization of green hydrogen and its sustainable by-products in Spain, which will cover the entire value chain of this renewable energy source, according to a news release.
By combining their experience and leadership in Spain’s renewable energy sector, Matrix and Rolwind launched HYREN to become a benchmark in Europe for the design, construction, and operation of green hydrogen infrastructure.
HYREN brings together the projects initiated by both companies and begins its journey with a portfolio of national projects, which will total a generation capacity of more than 1 GW in Andalusia, Aragon and Castilla La Mancha, with a target of achieving up to 4 GW.
Matrix Renewables and Rolwind’s partnership has a strong track record of success in Spain. Both have developed and built 130 MWp PV solar facilities in Huelva (Spain) which will be soon hybridized by adding 16MW of shovel ready collocated storage facilities and have a development pipeline of 765 MW in Spain.
