- Investment increased to €2.8 billion for green hydrogen and ammonia production in Sines.
- Phase 1 will produce 50,000 tons of hydrogen and 300,000 tons of green ammonia annually.
- Phase 2 will produce 150,000 tons of hydrogen and over 1 million tons of green ammonia annually.
- The project will create 265 permanent jobs and 6,000 indirect jobs by 2025.
Investment Increase
MadoquaPower2X, a consortium led by Madoqua Renewables, has announced an increase in investment to €2.8 billion for its green hydrogen and ammonia production units in the Sines industrial zone. This project, initially announced in April 2022, has achieved several key milestones and is recognized by national authorities as a mature project.
Production Capacity
Phase 1 of the project will use 560 MVA of capacity to produce 50,000 tons of hydrogen and 300,000 tons of green ammonia annually. With the development of Phase 2, the project will use an electrical connection of 1400 MVA to produce a total of 150,000 tons of hydrogen and over 1 million tons of green ammonia annually.
Job Creation
The project is expected to create 265 highly qualified permanent jobs and 6,000 indirect jobs through local partnerships and academia from 2025 onwards. This strategic investment will contribute to sustainable economic growth and territorial cohesion in Portugal.
Strategic Importance
MP2X aims to promote a circular value chain, lower CO2 emissions, and reduce dependence on fossil fuels, aligning with national and European decarbonization strategies. The project has been officially recognized as part of the "Hydrogen Valley" initiative by the European Commission.
Future Developments
MP2X will continue to drive other national investments in the hydrogen production value chain in Sines, with plans for solar and wind farms to produce renewable energy dedicated to the industrial unit. This will contribute to greater territorial balance and cohesion in Portugal.
