Spanish energy major Moeve will break ground on the first 300MW phase of its Andalusian green hydrogen plant in September.
After taking final investment decision on the project in March, Moeve confirmed in its Q2 results that it will hold a groundbreaking ceremony for the Onuba project on 17 September.
The Onuba site in Huelva will form one part of the company’s planned 2GW Andalusian green hydrogen valley, with another development planned in Cádiz.
The first 300MW are expected online by 2029, using alkaline electrolysers from Germany’s Thyssenkrupp Nucera. Moeve reserves the option to expand by 105MW depending on grid capacity.
Backed by €303m ($349m) in Spanish government funding, the €1bn ($1.15bn) project will produce up to 45,000 tonnes of green hydrogen per year for use in heavy transport, aviation, maritime, and fertilisers.
While specific offtakers for the project have not been revealed, Moeve had previously announced early-stage deals with fertiliser firm Fertiglobe and energy firm Getec.
The confirmation came as Moeve reported a net income of €311m ($358m) in Q2, with 69% of its capex allocated to energy transition projects.
“Our strategy remains focused on building a more resilient and sustainable European energy industry, reducing dependence on imported fossil fuel,” Moeve CEO Maarten Wetselaar said.
It adds to Spain’s growing green hydrogen sector as the country aims to position itself as a European hydrogen hub, leveraging strong renewable resources, port infrastructure, and rising domestic demand.
Earlier this month, the country approved consumption quotas for renewable fuels of non-biological origin, including green hydrogen, in road transport, which are set to hit 11% by 2040, creating a demand anchor for the molecule.
