- The project involves a €210 million investment.
- Production is set to begin by the end of 2025.
- The plant will produce 30,000 tonnes of green methanol annually.
- The output will be exported to Germany.
Investment and Timeline
The project, located in Arcos de la Frontera, Cadiz, involves an investment of approximately €210 million. The goal is to commence production by the end of 2025, with the investment spread over two years.
Job Creation
During the initial construction phase, around 300 jobs are expected to be created. Once operational, the plant will provide approximately 50 permanent positions, primarily for highly skilled professionals.
Energy Sources and Production
The project, named SolWinHy Cádiz, will utilize solar and wind power to produce hydrogen through electrolysis. This method ensures no competition with electricity generation, as it does not connect to the grid, leaving electricity capacity available for other uses.
Green Methanol Production
The green hydrogen produced will be used to generate green methanol by synthesizing it with bio-CO2. The plant aims to produce around 30,000 tonnes of green methanol annually, which will be exported to Germany for use in large industrial plants.