New biogas projects are moving forward in Italy, Portugal and Spain, in further evidence of the scale-up of biomethane production.
CycleØ, the European biogas developer, has announced plans to invest €200m to build up to 30 biogas plants in Spain, with a combined renewable natural gas production capacity of 800GWh.
Industrial gas major Air Liquide has signed a long-term power purchase agreement (PPA) with Spanish electric utility Iberdrola to power projects in Spain and Portugal.
Moeve recorded a 60% rise in Clean CCS net income to €444m last year.
European LNG imports fell 19% in 2024 with gas consumption at an 11-year low but more Russian LNG continued to enter Europe, according to The Institute for Energy Economics and Financial Analysis (IEEFA).
Spanish gas grid operator Enagás plans to invest €4.035bn in renewable energy by 2030, with over three-quarters earmarked for hydrogen infrastructure.
Moeve has unveiled an ambitious €600m investment plan for developing 30 biomethane plants throughout Spain.
Nippon Gases has signed a deal to acquire respiratory home therapies specialist Esteve Teijin Healthcare (ETH).
Nippon Gases, a European subsidiary of Nippon Sanso Holdings Corporation, has made a strategic investment in IET Ecology to strengthen its environmental technology portfolio.
The European Investment Bank (EIB) has granted Nortegas Group funding of up to €80m to enable group subsidiary Nortegas Renovables to finance the construction of biomethane plants in Spain.
