Plans for establishing Sines as the centre of a ‘green hydrogen cluster’ have just seen the government update expectations for attracting investment.
Says Expresso, the €600 million announced in November (click here) has suddenly become a possible €1.6 billion. Legislation is currently being discussed.
Dutch renewables entrepreneur Marc Rechter is behind the scheme which envisages a collaborative effort between Portugal and Holland, supported by EU funding. Further details expected shortly.