The Madoqua Power 2X consortium, which brings together the Portuguese company Madoqua Renewables, the Dutch Power 2X and the Danish Copenhagen Infrastructure Partners, signed this Tuesday in Milan an engineering services contract with the company NextChem, of the Italian group Maire Tecnimont, at who will carry out the engineering studies necessary for the authorization of the green hydrogen project that the consortium wishes to develop in Sines.
The contract was signed during the GasTech fair, which takes place in Milan, in the presence of the Secretary of State for the Environment and Energy, João Galamba, who declared on the occasion that “the climate neutrality of 2050 requires bold decisions on sustainable development”. investments focused on energy and climate objectives, while allowing economic recovery,” according to the press release published on Tuesday by the consortium.
“We are delighted to engage Maire Tecnimont SpA and NextChem to accelerate the licensing and engineering phases of our project,” said Rogaciano Rebelo, CEO of Madoqua Renewables.
The consortium’s project for Sines plans to produce 50,000 tonnes of green hydrogen annually (from an electrolysis capacity of 500 megawatts), as well as up to 500,000 tonnes of ammonia from renewable sources. One of the objectives is to export this production to the markets of North-West Europe.
The estimated investment at Sines in these hydrogen and green ammonia units will be around one billion euros.