A €1bn industrial-scale project to produce green hydrogen and ammonia in Sines, Portugal, has been announced. Hydrogen Industry Leaders looks at how the project could reduce CO2 emissions and create more than 200 jobs.
Portuguese project developer Madoqua Renewables has announced the partnership with Dutch energy transition project developer and consultancy Power2x and Danish fund manager Copenhagen Infrastructure Partners’ Energy Transition Fund (CIP) to build MadoquaPower2X an industrial-scale project.
MadoquaPower2X will use renewable energy and 500MW of electrolysis capacity. It is the first project to be installed at the future energy and technological hub at Sines, with a production scale of 50,000 tons of green hydrogen and 500,000 tons of green ammonia per year.
It is said that the hydrogen produced under this project can be used by the local industry and processed to create green ammonia to export from the terminal at Port of Sines.
The project is currently under development and is expected to be fully permitted and ready for a final investment decision by the end of 2023.