Moeve to Start Andalusian Green Hydrogen Valley Construction
- The Andalusian Green Hydrogen Valley's first phase, Onuba, involves over €1 billion investment.
- Onuba will have a 300 MW capacity, with an option to expand by 100 MW.
- The project includes participation from Masdar and Enalter, majority owned by Enagás Renovable.
- Onuba aims to produce 45,000 tonnes of green hydrogen annually, reducing 250,000 tonnes of CO2.
Project Overview
The Andalusian Green Hydrogen Valley's first phase, Onuba, is set to become the largest green hydrogen plant in Southern Europe. The project involves a total investment of over €1 billion, with a planned capacity of 300 MW and the potential to expand by an additional 100 MW.
Key Participants
Moeve leads the project with a 51% stake, alongside Masdar, a global clean energy leader, and Enalter, majority owned by Enagás Renovable. This collaboration aims to advance green hydrogen production in Spain.
Environmental Impact
Onuba is expected to produce approximately 45,000 tonnes of green hydrogen annually, which will help avoid around 250,000 tonnes of CO2 emissions each year. The green hydrogen will be used for aviation, road, and marine transport fuels, as well as to decarbonize the chemical and fertilizer industries.
Funding and Support
The initiative has been designated as a Project of Common European Interest by the European Commission. It has received €304 million from the Government of Spain under the Recovery, Transformation and Resilience Plan, financed by the European Union’s NextGenerationEU program, through the Hydrogen Valleys scheme, for the development of 400 MW of the Andalusian Green Hydrogen Valley.
Source: Moeve