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Energy|PROJECT|Solar|Storage|System
Energy|PROJECT|Solar|Storage|System
energy|project|solar|storage|system

Hive H2 Albamed, Spain

Image of hydrogen facility

1st December 2023

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Hive H2 Albamed.

Location
Albacete, the south-east of Spain.

Project Owner/s
Hive Energy.

Project Description
The project comprises up to 9 GW of solar and wind energy, and 4 GW of electrolysis capacity by 2030. The project is expected to produce more than one-million tonnes of renewable ammonia by 2030, with a focus on the European market.

The hub will be delivered in four phases.

Phase 1 will include up to 800 MW of electrolysis, together with 1.1 GW solar photovoltaic energy, and a 284 MW onshore wind and energy storage system.

Potential Job Creation
Not stated.

Capital Expenditure
The total investment is estimated to exceed €10-billion, to produce more than one-million tonnes of green hydrogen and green ammonia by 2030.

Planned Start/End Date
A final investment decision on Phase 1 is expected in early 2025 and full operation in the second half of 2027.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Hive Energy, tel +44 1794 324 343 or email info@hiveenergy.co.uk.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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