【SMM Flash News】Moeve & Masdar Approve Over $1.2B Investment for Southern Europe’s Largest Green Hydrogen Hub

Published: Mar 2, 2026 20:48

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Spanish energy firm Moeve (formerly Cepsa) announced on Monday that it has reached a final investment decision (FID) on the initial phase of the Andalusian Green Hydrogen Valley, representing an investment exceeding 1 billion euros ($1.2 billion). Partnering with Abu Dhabi’s Masdar and renewable firm Enalter, the project will feature an initial 300-MW capacity in Huelva, with potential for a 100-MW expansion.

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