Breaking news

Moeve Starts €1 Billion Green Hydrogen Project In Spain

Spanish energy company Moeve has started construction of a green hydrogen project in Andalusia that it says will be the largest of its kind in Europe.

First Phase Exceeds €1 Billion

The first phase, known as Onuba, will begin with 300 MW of electrolysis capacity, with an option to add another 105 MW. Total investment exceeds €1 billion, including infrastructure and a photovoltaic plant for self-consumption.

Moeve expects the project to create more than 8,000 direct jobs during development, construction and commissioning, while supporting more than 400 small and medium-sized enterprises and local self-employed workers.

Spain Expands Green Hydrogen Production

“Today we are turning the page on pilot green hydrogen projects and entering the chapter of large-scale construction,” Moeve CEO Maarten Wetselaar said.

He said Spain’s solar and wind resources and available land could support large-scale renewable power production and reduce reliance on imported energy.

Onuba is expected to produce about 45,000 tonnes of renewable hydrogen annually and avoid roughly 250,000 tonnes of CO₂ emissions each year. The output will support lower-carbon fuels for road, aviation and maritime transport, as well as other industrial processes.

EU And Spanish Support

Construction began in Palos de la Frontera on Thursday at an event attended by Spanish and European officials, including Prime Minister Pedro Sánchez and European Commission Executive Vice-President Teresa Ribera.

Moeve holds a 51% stake, Hy24 and Cofides jointly own 29%, and Enagás Renovable and Alter Enersun hold the remaining 20%.

The EU has designated Onuba a Project of Common Interest, while the project has received €304 million from Spain’s Recovery, Transformation and Resilience Plan, financed through NextGenerationEU.

Onuba Is First Phase Of 2 GW Plan

Onuba is the first phase of Moeve’s Andalusian Green Hydrogen Valley, which the company plans to expand to 2 GW of electrolysis capacity across sites in Palos de la Frontera and San Roque, Cádiz.

Moeve also plans to connect Huelva with European industrial centers through pipeline and maritime routes. Its broader Andalusian energy transition program includes €2.4 billion of planned investment, including a second-generation biofuels plant for sustainable aviation fuel and renewable diesel.

Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

Cyprus expects more French visitors in 2027 as airlines increase capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after meetings with tour operators in Paris.

France, one of Cyprus’ key tourism markets, has had a difficult 2026. French arrivals fell 46% year over year to 8,453 in August, from 15,663 a year earlier, according to the Statistical Service of Cyprus (Cystat). August arrivals were also nearly 50% below the 16,798 recorded in the same month of 2024.

Overall, Cyprus received 2.82 million tourist arrivals between January and August, down 7% from the same period in 2025.

Air Connectivity Supports 2027 Outlook

Koumis discussed the 2027 outlook with senior executives from tour operators offering Cyprus holidays during the IFTM Top Resa travel trade fair in Paris.

Higher air capacity between France and Cyprus was a key focus of the talks. Participants also discussed the impact of geopolitical tensions in the Middle East on the French market and Cyprus’ efforts to adapt its tourism offering to French travelers.

“The French market is undoubtedly an extremely important market for our country’s tourism,” Koumis said, adding that France had regained importance only a few years ago and still had room to grow.

Improved air connectivity will be an important factor in that expansion, according to Koumis. “It is now clear that air connectivity between France and Cyprus is improving significantly, which is a basic prerequisite for the further growth of the market,” he said.

Cyprus Promotes Tourism And Regional Cooperation

Koumis attended the opening of IFTM Top Resa at the invitation of French Tourism Minister Serge Papin, who later visited the Cyprus stand. Held from Sept. 15 to 17 at Paris Porte de Versailles, the event brought together more than 32,000 tourism professionals representing 177 destinations and 1,650 brands, according to organizers.

During his visit, Koumis also met Egyptian Tourism Minister Sherif Fathy. Cyprus and Egypt reaffirmed their tourism cooperation and discussed opportunities to strengthen ties further.

French media interviews covered Cyprus’ tourism offering, infrastructure and services, along with efforts to develop specialized tourism products. Regional instability weighed on arrivals in 2026, particularly during the spring, although the decline narrowed over the summer.

Aretilaw firm
The Future Forbes Realty Global Properties
eCredo
Uol

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter