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    NextChem Wins Contract For 500MW Green Hydrogen Facility in Sines, Portugal

    September 9, 2022 - Fitch Solutions Sector Intelligence


      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      NextChem Wins Contract For 500MW Green Hydrogen Facility in Sines, Portugal

      • 09 Sep 2022
      • Portugal
      • Infrastructure

      News: A consortium of Madoqua Renewables, Power2X and the Energy Transition Fund of Copenhagen Infrastructure Partners (CIP) has awarded a contract to NextChem, a unit of Italy-based Maire Tecnimont, for works on a EUR1.0bn (USD1.0bn) integrated green hydrogen and ammonia project in Sines, Portugal. Under the deal, NextChem will provide pre-front end engineering design and services for the permitting and licencing of the project. The project includes the construction of a 500MW electrolyser in the Sines industrial zone to produce 50,000 tonnes of green hydrogen per annum and a green ammonia plant to produce 500,000 tonnes of green ammonia per annum (Renewables Now).

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.


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