Consortium involving Cimpor invests Euro100m in green hydrogen plant

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Portugal: Cimpor is participating in a consortium, led by power company Rega Energy, which plans to invest Euro100m in developing scalable green hydrogen production plant technologies. The consortium will deploy infrastructure for its upcoming Vale Hidrogénio Verde Nazaré (NGHV) green hydrogen plant by 2023, including a dedicated 40MW solar-powered electricity grid. It will commission its first green hydrogen plant by 2026, creating 140 new jobs. The consortium aims subsequently to scale up the plant to a renewable power consumption of 600MW. It hopes that, when fully commissioned, the NGHV plant will be a reference project for green hydrogen production.

Last modified on 23 February 2022

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