Moeve commits €1 billion investment for a large green hydrogen project in Southern Spain, including one of Europe's largest electrolyzers
Moeve has made a final investment decision of €1 billion to develop a significant green hydrogen project in Southern Spain. This project will feature one of Europe's largest electrolyzers, aiming to establish the region as a major energy exporter. The investment underscores Moeve's commitment to accelerating the deployment of clean energy sources and reducing Europe's dependence on external supplies.
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- €1 billion final investment decision by Moeve
- Project includes one of Europe's largest electrolyzers
- Aims to establish Southern Spain as a major energy exporter
- Announcement date: March 11, 2026
Source Intelligence
The project will include one of Europe's largest electrolyzers. Moeve expects to start construction of the Valle del Hidrógeno Verde before the end of the year. The company is awaiting the last administrative procedure to start the works. The project aims to produce up to 300,000 tons of renewable hydrogen per year. The 300 MW electrolyzer is associated with new solar plants. The project aims to establish Andalucía as a major energy exporter. Quote: "gran proyecto de hidrógeno verde en el sur de España, que incluirá uno de los mayores electrolizadores de Europa.", "Moeve espera iniciar la construcción del Valle del Hidrógeno Verde antes de fin de año", "la compañía está a la espera del último trámite para poder iniciar las obras.", "estas instalaciones permitirán producir hasta 300.000 toneladas de hidrógeno renovable al año", "un electrolizador de 300 megavatios asociado a nuevas plantas solares.", "el potencial de Andalucía para producir electricidad renovable competitiva permite imaginar un futuro en el que la región sea un gran exportador energético hacia el resto del continente."
"El consejero delegado de Moeve , Maarten Wetselaar, quiere convertir Andalucía en “la Arabia Saudí del hidrógeno verde”."
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