• The Spanish energy company, a reference in Andalusia specialized in the development and construction of large-scale green hydrogen and derivatives projects, is committed to several strategic projects in different locations in the Andalusian region, focusing on the Bay of Huelva and Algeciras.
• The announcement comes in the framework of the second edition of the National Green Hydrogen Congress, in which the company participates as a platinum sponsor.
• This investment demonstrates Avalon Renovables' firm commitment to Andalusia, giving a strategic role to its projects in the region, especially those in Jaén, Huelva and Algeciras.

Madrid, February 4, 2025. Avalon Renovables plans to invest close to 8,000 million euros in Andalusia in the development of green hydrogen projects and derivatives in different locations distributed among the provinces of Jaen, Huelva, Cadiz and Malaga. This investment foresees the creation of 10,000 direct jobs contemplating all the development phases of the projects, including their planning, engineering, construction and operation. As part of Avalon Renovables' strategic development plan in Andalusia, the company has announced that it plans to start the first e-methanol and e-SAF production phases by mid-2028.

"Avalon Renovables' projects will play a decisive role in positioning Andalusia as a world reference in the advance towards industrial decarbonization", said Alberto Rabanal, CEO of the company, who also stressed the "firm commitment to the development of green hydrogen and derivatives in the region".

The disbursement of the investment is expected to occur progressively over a period of five years and depending on the evolution of the permits required for the execution of the projects. The planning of this investment will cover the construction of the portfolio of projects that Avalon Renovables is developing in Andalusia: renewable generation plants, green hydrogen and derivatives for the production of green ammonia, e-methanol and e-SAF, and biogas plants, as well as the necessary infrastructures for the transportation, storage and distribution of the final product to the projected delivery points.

The company has announced this investment in the framework of the second edition of the Green Hydrogen Congress, held in the city of Huelva, where it participates as a platinum sponsor. The energy company has presented the roadmap of its projects and shared its vision of the sector with other companies in the sector.

During the three days of the Congress, Avalon Renovables will be present at stand i-15 in the Casa Colón, the exhibition center where the congress takes place, and will participate directly in three events: the opening speech by Alberto Rabanal, CEO of Avalon Renovables; a presentation on the company's projects on February 4 by Sergio Martínez, head of Business Development at Avalon Renovables; and a round table moderated by Rafael Lapique, EPC director at Avalon Renovables, on February 5, entitled Challenges and opportunities in the construction of large-scale green hydrogen and derivatives projects, where he will emphasize the fundamental role that strategic alliances play to ensure success in the execution of large-scale green hydrogen and derivatives projects.

More than 3.5 GW in projects

Huelva is precisely one of Avalon Renovables' strategic locations, where the development and construction of a plant for the production of 350,000 tons/year of e-methanol in the vicinity of the bay of Huelva is contemplated.

Avalon Renovables currently has a project portfolio of more than 3.5 GW in Spain, including one of the most strategically relevant projects for Andalusia, the PBAC project; the Algeciras and Cadiz Bays Project, which contemplates the construction of a dedicated point-to-point hydroproduct that will supply the Bay of Algeciras with green hydrogen for the production of 750,000 tons of green ammonia per year, nearly 350,000 tons of e-methanol and 130,000 tons of e-SAF, to meet the high demand for sustainable fuels that is expected in one of the port areas of Algeciras and Cadiz.750,000 tons per year of green ammonia, nearly 350,000 tons of e-methanol and 130,000 tons of e-SAF, to meet the high demand for sustainable fuels expected in one of the world's busiest port areas, the Bay of Algeciras, where more than 100,000 ships per year pass through for refueling. In addition, the company is developing a project in Malaga with a production capacity of 30,000 tons of e-SAF per year.

Another of the company's strategic projects is the biofuel plant in Martos (Jaén), a pioneering waste valorization project that uses the surplus from olive oil production, the alperujo, and involves an investment of more than 100 million euros that will generate more than 200 jobs in the construction phase, scheduled for the end of 2025, and more than 40 highly qualified jobs in the operations phase, which is scheduled for the end of 2027.

Avalon Renovables seeks to play a relevant role in the maritime and aeronautical transportation industry, actively contributing with its large-scale projects to the production of sustainable fuel for the maritime sector in the form of e-methanol or green ammonia and e-SAF for the aviation sector.