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Home - Energy Storage - BP and Iberdrola near Spain’s largest H₂ project – SPE
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BP and Iberdrola near Spain’s largest H₂ project – SPE

solarenergyBy solarenergyMarch 6, 2026No Comments3 Mins Read
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BP and Iberdrola say their 25 MW green hydrogen project in Spain is close to commissioning, while Moeve has approved a final investment decision for a 300 MW project in Spain.

March 6, 2026
Sergio Matalucci

Castellón Green Hydrogenthe joint venture between bp and Iberdrola España, said The 25 MW green hydrogen project has reached 90% completion of the assembly phase and all equipment is now on site, including an electrolyzer system supplied by Plug Power. About 25 Spanish companies are involved in the construction of the factory. The commissioning period, including testing to monitor equipment operation and performance, is expected to begin in May 2026, when the project is expected to become Spain’s largest operational green hydrogen facility.

Moeve has approved the final investment decision to start construction of the Andalusian Green Hydrogen Valley in the coming weeks. The first phase, known as Onuba, will have a capacity of 300 MW and the possibility of expansion by a further 100 MW. The company said the phase represents a total investment of more than €1 billion ($1.2 billion), including associated infrastructure and a PV installation for self-consumption. Moeve has a majority stake of 51% in the project, which also includes Masdar and Enalter.

Hyundai Motor Group has signed a memorandum of understanding with the South Korean government and Jeonbuk State to establish a hub integrating advanced artificial intelligence and hydrogen technologies in the Saemangeum area of ​​Gunsan. The company said a significant portion of investments will focus on new businesses based on these technologies, with a total expenditure of approximately KRW 9 trillion (€5.27 billion) planned from 2026.

See also  Battery -energy storage in Europe slows up to 15% growth for 2024 - PV Magazine International

ITM said it has shipped the last batch of stacks to RWE‘s electrolysis plant in Lingen, Germany. The project consists of two 100 MW lines, with the first line now installed and certified, while the second will be installed once the final stacks arrive on site. ITM said Once operational, the facility will be able to produce up to 3,600 kg of hydrogen per hour using renewable electricity and will supply the TotalEnergies refinery in Leuna, Germany via pipelines.

Snam has committed €200 million by 2030 to begin developing an end-to-end hydrogen backbone, of which approximately 60% will consist of existing gas pipelines that will be converted. The Italian gas transmission system operator said it plans to expand carbon capture and storage projects and hydrogen infrastructure where regulatory frameworks and returns are supportive. The company has reduced its planned hydrogen investment from €400 million to €200 million, including projects such as the Puglia Hydrogen Valley and the first phase of the Mazara del Vallo to Tarvisio corridor.

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