Business | A place in the sun

Can the Mediterranean become Europe’s energy powerhouse?

Inside the push to make the sunny south a “green” hydrogen hotbed

Patterns formed by rows of solar panels on a large solar plant at sunset
Image: Getty Images
|PALMA, MALLORCA

Tourists on Mallorca might now marvel at a new attraction on the Mediterranean island: a miniature economy entirely energised by “green” hydrogen. At its heart, two solar plants power an electrolyser, which splits water into oxygen and hydrogen, creating carbon-free fuel. The hydrogen can then propel buses, be injected into the island’s gas grid, and power fuel cells at hotels and the port. “The project shows what is possible,” says Belén Linares, head of innovation at Acciona Energía, a renewable-energy firm that is one of the project’s investors.

This article appeared in the Business section of the print edition under the headline “A place in the sun”

From the November 18th 2023 edition

Discover stories from this section and more in the list of contents

Explore the edition

More from Business

Protesters in favour of TikTok stand outside the United States Capitol.

TikTok’s time is up. Can Donald Trump save it?

The imperilled app hopes for help from an old foe

A tattooed man punches a large head, with motion lines and stars showing impact. He wears orange shorts.

The UFC, Dana White and the rise of bloodsport entertainment

There is more to the mixed-marital-arts impresario than his friendship with Donald Trump


A billboard welcoming the American electric car maker Tesla, in Monterrey, Mexico

Will Elon Musk scrap his plan to invest in a gigafactory in Mexico?

Donald Trump’s return to the White House may have changed Tesla’s plans


Germany is going nuts for Dubai chocolate

Will the hype last?

The year ahead: a message from the CEO

From the desk of Stew Pidd

One of the biggest energy IPOs in a decade could be around the corner

Venture Global, a large American gas exporter, is going public