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Skip to content Building on Portugal’s high potential for wind and solar power, a European consortium of Madoqua Renewables, Power2X and Copenhagen Infrastructure Partners will develop a 500 MW electrolyser in the Sines Industrial and Logistics Zone (ZILS). Including facilities to produce up to 500 ktpa of green ammonia and a loading jetty, the project will supply both local industry and pan-European customers. Substituting current use of fossil-based hydrogen, the project aims to reduce yearly CO2 emissions by 600,000 ton, equivalent to the average emissions of 130,000 passenger vehicles.
“In Sines we are taking a big leap towards a European green hydrogen economy. This is real, this is big, and we are proud to be part of a consortium that can realize such a significant development.”
Founding Partner – Power2X
30 April 2024
European Commission announced today the winners of a highly competitive European Hydrogen Bank auction. Our green hydrogen and ammonia project, MadoquaPower2X, was awarded EUR 245m in operational subsidies.
Located in the Sines Industrial and Logistics Zone (ZILS), the project uses renewable energy and 500 MW of alkaline water electrolysis technology to produce 50,000 ton of green hydrogen and 500,000 ton of green ammonia each year.