Hive Energy Spain
Spanish leaders have set a goal to reduce carbon emissions by 2050.
Spain is already at the forefront of renewable energy leadership. In 2020 Spain was already running on almost 50% renewable energy. As part of its net-zero commitment, the country will need to advance their renewable energies – this will also boost job availability and economic growth for the country.
Spain is already making positive steps forward in line with its goals outlined in The Law on Climate Change and Energy Transition. In order for Spain to reach their green energy goals, the plan is to increase renewable energy generation capacity by at least 3 GW a year. It will be investing in Photovoltaic energy (PV), wind power, and green hydrogen.
So far, Hive has completed over 1.1 GW of solar projects in Spain, with almost 2 GW more of solar/BESS in our pipeline. In addition, we have launched plans for one of Europe’s largest hydrogen hubs in the country.
The Spanish Law on Climate Change & Energy Transition has two proposed phases:
Deadline 1 - 2030
- Reduce greenhouse gas emissions by a minimum of 20% below 1990 levels
- Generate at least 74% of Spain’s electricity from renewable energy
- Guarantee 35% of final energy consumption from alternative sources
- Improve energy efficiency by 35%
Deadline 2 - 2050
- Achieve 100% renewable energies
- Reduce greenhouse gas emissions by 90%, in line with the 2030 Agenda and the Paris Agreement on Climate Change
Hive has been developing solar projects in Spain since 2016.
Since 2016 the team in Spain has grown exponentially.
Our venture into the country was in line with Spain’s commitment to green energy. In Spain, the green energy agenda is at the forefront and the country aims to run on 100% renewable energy by 2050.
The first recruitment for the country was Country Manager; Luis Martínez Hermida. Luis has successfully grown Hive’s Spanish team to a team of over 10 renewable energy experts. Since 2016, the team have completed 18 solar sites and have a strong pipeline of solar and green hydrogen projects.
For Hive Energy, the Spanish green energy revolution has played a key role in our development. Spain is a perfect location for solar projects due to the positive, proactive acceptance of the government and the ideal weather conditions. We have a pipeline of almost 2 GW photovoltaic or battery storage projects, and a further green hydrogen pipeline.
Luis Martínez
Country Manager Spain
Cristina Keller
PA to Luis Martínez
Miguel Alvarez
Business Development Manager
Fernando Lloret
ECP Senior Manager
Salvador Calvo
Business Development Manager
Sonia Casado
Finance Manager
We announced our plans to develop Europe’s largest green hydrogen hub, Albamed green hydrogen project, in early 2023.
The Hub will be delivered over four phases. The first phase is expected to achieve the final investment decision (FID) in early 2025 and full operation in the second half of 2027 – including up to 800MW electrolysis combined with 1.1GW Solar PV, 284MW onshore wind and energy storage system. Hive started the permitting of the first phase in January 2023 and at the same time has presented the project to the Regional Government of Castilla La Mancha to be declared as Priority Project. By 2030, the site will consist of ~9GW of solar and wind energy and ~4GW of electrolysis capacity.
