Moeve, alongside partners Masdar and Enalter, has officially approved a €1 billion Final Investment Decision (FID) to launch the Onuba project—the massive first phase of the Andalusian Green Hydrogen Valley in Spain. With construction set to begin in the coming weeks, this marks a defining step in establishing a world-class hub for green molecules.
Backed by €304 million in government and EU funding, the facility will feature a 300 MW electrolyser capable of producing 45,000 tonnes of green hydrogen annually. Designed to supply renewable fuels for aviation, maritime transport, and heavy industry, the project's rapid move into the execution phase opens up highly lucrative immediate opportunities for the clean energy supply chain.
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