Fusion Fuel stops production over unpaid salaries
Fusion Fuel’s plant in Benavente (Santarém) which started operating in 2022 and was officially opened by António Costa in 2023, has shut down operations after having declared insolvency [...]
Repsol to invest €15 million in green hydrogen at Sines
The Spanish energy company Repsol is to terminate all green hydrogen projects in Spain and divert them to Sines in Portugal where it will build a new electrolyser. Reacting to the news, the [...]
Green ammonia production at Sines could net €380 million in annual revenues
Developers involved in the MadoquaPower2X project to create green ammonia at Sines are looking at the first phase of the production to begin in 2028. With an investment of around €1Bn, it is [...]
No further Sines project cancellations expected
Portugal’s overseas investment bureau AICEP and its industrial site management company AICEP Global Parques do not foresee any further green energy project cancellations after a green hydrogen [...]
H2Sines gets green light from Brussels
The European Commission has given the go-ahead for the H2Sines green hydrogen project to get EU funding despite an legal investigation underway into alleged influence peddling and corruption. [...]
CEO of Resilient Group distances from government scandal
The Dutch CEO of the Resilient Group, Marc Rechter, who in 2019 presented Portugal’s green hydrogen project to the António Costa PS government, has distanced himself from the current corruption [...]
Portugal’s Prime Minister in shock resignation over lithium and green hydrogen scandal
Portugal’s Prime Minister António Costa has handed in his resignation to Portugal’s Head of State, President Marcelo Rebelo de Sousa, as the PS socialist government he has led since 2015 has been [...]
