Thirty assorted companies have announced the hitherto confidential ‘HyDeal Ambition’ initiative – one of the very largest green hydrogen consortiums seen to date. It will produce green hydrogen in Spain with a targeted 2030 scale of 3.6 million tons of annual output, coming from 67 GW of electrolyzers powered by 95 GW of solar power. By 2030, the consortium – which includes the likes of SNAM, Mcphy and Naturgy – expects the retail price for green hydrogen, including transmission and storage costs, to have fallen to €1.5 per kilogram, which will be at cost parity with today’s natural gas. The initiative’s first phase will activate in 2022, running off a 10 GW solar portfolio within Spain, which is also where…