Portugal Approves GreenH2Atlantic Hydrogen Project
Green energy news in Portugal
Latest news and stories about green energy in Portugal for expats and residents.
Latest news and stories about green energy in Portugal for expats and residents.
Portuguese Environment Agency APA has issued a conditional favourable opinion on the GreenH2Atlantic hydrogen project in Sines, Setúbal region, stipulating that the water used in production and cooling must be The post Sines green H2 project gets conditional approval appeared first on Portugal Resident.
GreenH2Atlantic aims to produce hydrogen through water electrolysis at the site of the former Sines thermoelectric power plant.
The two countries are in talks regarding collaborative efforts to reduce carbon emissions in the shipping sector.
Portugal aims to position itself as a key player in the emerging green fuel market.
Elyse Energy has already established contacts with the Government, AICEP, and the Figueira da Foz City Council to move forward with a sustainable fuel project, which is expected to consume the equivalent of 3.8% of Portugal's annual electricity consumption and 6% of Lisbon's annual water consumption.
AZEA predicts that the first commercial flights will take place within less than five years, although it acknowledges that the certification of new aircraft requires between eight and ten years.
The Government published an order in the Diário da República this Friday authorising the felling of 3,006 cork oaks across a 13.81-hectare area (four plots) within the Sines Industrial and Logistics Zone (ZILS), reports Expresso. Two weeks ago, a similar order also authorised the felling of another 450 cork oaks across a 2.68-hectare area.
Within two weeks, the Executive issued two orders authorising AICEP Global Parques to fell 3,456 cork oaks in the Sines Industrial and Logistics Zone (ZILS), mostly young trees, for Madoqua Renewables' green hydrogen and ammonia projects and Repsol's solar energy for self-consumption project. The Madoqua project alone anticipates an investment of €2.8 billion and 115 direct jobs.
The Greenvolt Group, through Greenvolt Next, has completed a 35 million euro financing deal in partnership with Millennium BCP to accelerate the development of distributed renewable energy generation projects in Portugal. This pioneering operation combines the refinancing of an existing operational portfolio with additional funding to install new self-consumption units, all underpinned by long-term Power Purchase Agreements (PPAs). The portfolio includes over 120 self-consumption projects across the country with a capacity exceeding 30 MWp, serving a wide range of business clients. João Manso Neto, CEO of Greenvolt Group, stated that this operation strengthens the company's capacity to grow in distributed generation, while Miguel Maya, CEO of Millennium BCP, highlighted the bank's commitment to supporting the energy transition through innovative financing solutions.
An electric car's exhaust is silent and emits no polluting gases, but its production process is noisy and polluting, and the challenge of battery recycling remains unresolved.
