Investments in the first phase of energy company Moeve’s project will total 1 billion euros
LIGA.net news editor
The Spanish energy company Moeve has begun construction of Southern Europe’s largest plant for the production of environmentally friendly hydrogen, located in the southern region of Andalusia. According to reports dpa.
Prime Minister Pedro Sánchez He called this project an important contribution to the fight against climate change, as well as to the energy independence and industrial future of Spain and Europe.
The facility, named “Onuba,” is located in the province of Huelva, and 1 billion euros are planned to be invested during the first phase of its construction. According to the company, the 300-megawatt facility will produce 50,000 metric tons of hydrogen per year through water electrolysis.
According to the plans, the company, which is receiving 304 million euros in funding under the Next Generation EU economic recovery program, may begin production by early 2028.
Spain plans to generate all of its electricity from renewable sources, such as wind and solar power, and to meet its enormous water needs by treating wastewater from households and industry.
This facility is part of the “Andalusia Green Hydrogen Valley” project. In the next phase, the company plans to expand its facility in Palos de la Frontera and build a second production site in San Roque, in the province of Cádiz, also in Andalusia.
The total capacity is then expected to increase to 2,000 megawatts, which will enable the production of 300,000 metric tons of environmentally friendly hydrogen per year.
In the long term, Spain plans to supply hydrogen via pipelines to energy-intensive industries in Germany and other countries.
- In the city of Bucha, near Kyiv, there are plans to build a $500 million green industrial zone by 2029. The Ukrainian-Polish-Japanese project calls for the creation of an energy cluster in green hydrogen production and its conversion to ammonia.
- Wien Energie plans to build hydrogen plant in Volyn. Austrian investors want to create a renewable energy industrial cluster that would produce hydrogen from renewable sources for subsequent export to EU countries.
This is a machine translation of the original article in Ukrainian. It may contain errors.
