On April 18, 2023, in MADRID, Spain, Matrix Renewables, a global renewable energy platform supported by TPG Rise, and Rolwind Renovables, experts in renewable energy infrastructure development, 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.
Both companies have signed an agreement to establish the platform dedicated to the implementation, production and commercialization of green hydrogen and its sustainable products in Spain, which will cover the entire value chain of this renewable energy source.
HYREN aims to become a reference in Europe for green hydrogen
Combining their experience and leadership in the renewable energy sector in Spain, Matrix and Rolwind have launched HYREN to become a reference 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 production capacity of more than 1 GW in Andalusia, Aragon and Castilla La Mancha, with the aim of reaching up to 4 GW.
In recognition of the HYREN launch, the Matrix Renewables Board of Directors said, “We are very proud to see Matrix Renewables continue its rapid growth in the clean energy sector by entering the green hydrogen space. Matrix is positioning itself at the forefront of the clean energy landscape by launching and implementing the HYREN platform.”
HYREN: Close relationship between Matrix Renewables and Rolwind Renovables
Commenting on the new agreement, Luis Sabaté, president of Matrix Renewables, said, “Hydrogen is a versatile energy carrier with a wide range of end uses and has great potential to help overcome the current climate crisis. At Matrix, we are excited to embark on this new venture with our partners at Rolwind. Innovation is a key pillar of our growth strategy and with HYREN, we aim to keep Matrix at the forefront of the renewable energy industry.”
Domingo Estepa, president of Rolwind Renovables, added, “Hydrogen is increasingly positioned as one of the leading energy sources. I am particularly excited about the creation of this new platform, and I am confident that it has the potential to become a major force in the green hydrogen world. It’s wonderful to see the close relationship that exists between Rolwind and Matrix being strengthened by this new agreement.”
The Matrix Renewables and Rolwind partnership has a solid track record of success in Spain. The two companies have developed and built 130 MWp solar PV facilities in Huelva, Spain, which will soon be hybridized by adding 16 MW of ready-to-use co-located storage capacity and have a development pipeline of 765 MW in Spain.
