Rethink Energy predicts that Spain will be one of the European leaders, if not the leader, in green hydrogen and derivatives production. And it seems like so far it has been living up to our expectations. Enagas, a Spanish natural gas distribution company, has partnered with Copenhagen Infrastructure Partners (CIP), a Danish investment fund, in a €1.7 billion deal that will see a new 500 MW green hydrogen and green ammonia plant be built in Spain. The facility will be powered by 504 MW worth of onshore wind and 571 MW of solar power and will be able to produce 55,000 tons of green hydrogen with the help of 500 MW of electrolysis power capacity. The hydrogen will then be…