Moeve to invest $623M in 30 biomethane plants by 2030

In Spain, Moeve announced an ambitious €600 million investment plan for the construction, together with its partners, of up to 30 new biomethane plants by 2030, which the company projects throughout Spain, with Andalusia, Catalonia, and Galicia being among the regions with the greatest potential for its deployment. This investment is part of Moeve’s plans to promote the circular economy and lead the energy transition, in the framework of its transformation strategy Positive Motion.
The energy company aims to produce biomethane from agricultural and livestock waste and manage a project portfolio of 4 TWh by 2030. The use of this renewable gas, instead of fossil fuels, will allow Moeve to reduce CO2 emissions from its energy parks, chemical plants, its strategic industrial clients and partners, as well as providing a complementary vector for green hydrogen production and promoting sustainable mobility. The total production, equivalent to enough energy for 568,000 households, will result in the reuse of 10 million tons of waste per year and will prevent the emission of 728,000 tons of CO2 per year, similar to planting 48.5 million trees.
For the development of these plants, Moeve has partnerships with companies such as Kira Ventures and PreZero and has just signed an agreement with InproEner to develop five biomethane plants in Spain, which are expected to be operational between 2028 and 2029. Each facility will produce around 50 GWh per year, adding up to 250 GWh of biomethane annually. This partnership includes a collaboration with EnviTec Biogas, which will contribute its experience in the construction of more than 650 biogas plants internationally.