SolWinHy Cádiz
Our pioneering E-methanol production plant is set to begin production in 2027
SolWinHy Cádiz is an innovative green methanol production plant located in Arcos de la Frontera, Cádiz, Spain. As the first project in a series aimed at advancing renewable energy, this facility is set to produce 29,000 tons of E-Methanol annually. The plant is powered entirely by renewable energy, utilizing a 130 MW solar PV installation and a 54 MW wind farm. This setup allows the facility to operate independently of the national grid in island mode, ensuring that all hydrogen and methanol production is 100% renewable. An 80 MW electrolyzer generates green hydrogen, which is combined with biogenic CO2 to produce methanol. The project is situated on 463 hectares of agricultural land, secured through a 35-year lease with the option to extend for an additional five years. SolWinHy Cádiz is strategically positioned to supply green methanol to Germany, with advanced negotiations already underway with potential off-takers.
The SolWinHy Cádiz facility produces 29,000 tons of E-Methanol, RFNBO compliant, annually, powered by a 130 MW solar PV plant and a 54 MW wind farm. The plant is set to begin production early in 2027.
Project milestones are on track, ensuring the production of e-methanol by early 2027.
The option to exercise the signing of the final lease agreement has been signed for a lease period of 35 years with the possibility of extending the term for five additional years.
Negotiations are in advanced stages with various off-takers. The termsheet is expected to be signed by Q3 2024.
The environmental permit is in the last stage, with final approval expected by the end of August. Following is the water and construction permit to be received in early 2025.
FEED is ongoing to be completed by Q3 2024 , and pre-technical due diligence has already been carried out.
Advanced discussions are ongoing with lenders and investors, with term sheets received from banks and investors currently in the due diligence phase.