MP2X invests a further €1.5 billion in Sines green hydrogen project

The international MP2X consortium has announced an investment of a further €1.5 billion for the second part of the ‘green’ hydrogen and ammonia production project in Sines industrial zone, in addition to the €1.3 billion for the first phase. In a statement, the MadoquaPower2X (MP2X) consortium announced “an additional. The project led by the Portuguese company Madoqua Renewables is expected to exceed a capacity of 1 Gigawatt (GW) of green hydrogen production, making it, according to promoters, the “largest project in Europe”.