Spanish biomass power producer Magnon has partnered with Dutch firm Power2X and its green hydrogen venture, ErasmoP2X, on an integrated project in Puertollano, central Spain.
The project aims to connect Magnon’s e-methanol facility with the green hydrogen produced nearby, creating a sustainable production chain.
Magnon plans to produce about 200,000 tonnes of e-methanol annually at its biomass power plant in Puertollano. This will involve combining biogenic CO2 from the plant with green hydrogen generated at Saceruela, using solar energy.
Saceruela will host ErasmoP2X and Power2X’s 1-GW photovoltaic complex, which will produce green hydrogen for the project.
The hydrogen will be fed into Spain’s Hydrogen Backbone Network and transported to Puertollano for e-methanol synthesis. At Puertollano, Magnon will capture biogenic CO2 from its operations and incorporate it into the e-methanol production process.


ErasmoP2X and Power2X will also take part in executing the e-methanol project, Magnon announced.
The Spanish Hydrogen Backbone Network is a project developed by Enagas SA, Spain’s gas grid operator. Enagas was designated as the provisional manager of the national hydrogen network under a 2023 government decree.
Magnon believes this project will boost industrial activity, promote a circular economy, and create jobs in the Castile-La Mancha region. It will also strengthen Spain’s position as a European hub for green molecules and renewable energy solutions.
Power2X is supported by the Canada Pension Plan Investment Board, while ErasmoP2X is its joint venture with Soto Solar.
Magnon Green Energy is the renewables arm of Spanish pulp and energy group Ence Energia y Celulosa SA.
This collaboration highlights Spain’s commitment to advancing green hydrogen and sustainable bioenergy projects.