Bouncing back from recent market volatility, thyssenkrupp Nucera reports strong new bookings in its hydrogen business with the group’s order intake nearly quadrupling in its most recent quarter, as reported on May 12. Large-volume new orders in the two business segments Green Hydrogen and Chlor-Alkali drove the order backlog to EUR 732 million.
Highlights included:
- Spanish company Moeve has commissioned the supply of electrolysers with a total capacity of 300 megawatts for the “Andalusian Green Hydrogen Valley” project – the largest green hydrogen facility in Southern Europe.
- A contract for a front-end engineering and design (FEED) study for a 260-MW green hydrogen project in India. awarded a Front-End Engineering and Design (FEED) study for a 260 megawatts green hydrogen project in India.
- A chlor-alkali project in the Middle East will serve one of the world’s largest PVC production complexes.
“The new construction project by Moeve and the FEED study in India demonstrate the significant market potential and confidence in our hydrogen technology. In the chlor-alkali sector, we also secured the largest new order in our company’s history. This means we have achieved the highest value of new orders since our IPO in July 2023, despite the overall market remaining volatile,” says Dr. Werner Ponikwar, CEO.
Onuba, the first phase of Moeve’s Andalusian Green Hydrogen Valley project at the La Rábida Energy Park in Huelva, Spain, involves the supply of 15 standardized 20 MW electrolyzer units. At 300 MW, Onuba will have the capacity to produce around 45,000 tons of green hydrogen per year, reducing CO₂ emissions by around 250,000 tons annually.
The project is part of a broader plan to build a scalable hydrogen value chain rooted in southern Spain, where abundant solar and wind resources make it one of Europe’s most competitive locations to produce green hydrogen. Strategic port infrastructure and established transport corridors will link supply from the region to industrial demand across northern Europe, accelerating decarbonization throughout the continent.
“The Iberian Peninsula represents one of Europe’s greatest opportunities for large-scale green hydrogen production. Onuba shows that when the fundamentals are right, major green hydrogen projects can advance and reach FID, even in volatile markets. With our experience and our alkaline water electrolysis technology, designed for industrial scale applications, we are well positioned to support Moeve on their path toward gigawatt scale hydrogen production,” said Ponikwar.
“Moeve is building one of Europe’s largest green hydrogen projects for the supply of renewable fuels, establishing together with partners a strategic clean energy hub in southern Spain to strengthen Europe’s energy and industrial resilience. By partnering with thyssenkrupp nucera, we pair electrolysis technology experience with Moeve’s capability to develop and integrate complex projects at scale,” said Maarten Wetselaar, CEO of Moeve.
For more info, see www.thyssenkrupp-nucera.com, www.moeveglobal.com.
