MILAN, Sept. 8, 2022 /PRNewswire/ — Maire Tecnimont S.p.A. declares that its subsidiary NextChem has been awarded a Pre-FEED engineering companies contract by MadoquaPower2X – the Portuguese/Dutch/Danish consortium led by Madoqua Renewables together with CIP’s Energy Transition Fund and Power2X to develop and function an built-in renewable hydrogen and inexperienced ammonia plant positioned in Sines, Portugal. The settlement was signed at Gastech on the presence of H.E. João Galamba, Secretary of State for Environment and Energy – Government of Portugal.
The function of the Pre-FEED engineering companies contains early research, know-how and course of overview, modularity and logistics evaluation, entrance finish loading of engineering required to undertake the allowing and licensing for the mission.
MadoquaPower2X will use renewable vitality and 500 MW of electrolysis capability to supply yearly 50,000 tons of inexperienced hydrogen together with inexperienced ammonia plant capability of as much as 500,000 kt/y with as much as 600,000 t/y CO2 emissions prevented on this preliminary section. It will likely be positioned within the Sines industrial zone and can generate financial progress with an exercise labeled as sustainable in keeping with the newest EU Taxonomy organising an export vitality provider worth chain between the Port of Sines (Portugal) and Northwest European locations.
João Galamba, Secretary of State for Environment and Energy – Government of Portugal: “Climate neutrality by 2050 requires bold decisions on sustainable investments with a focus on energy and climate goals. We are pleased to witness this important milestone for MadoquaPower2X and Maire Tecnimont, confirming the right path to meet the goals we have set for energy transition”.
Alessandro Bernini, Chief Executive Officer of Maire Tecnimont Group and NextChem: “We are proud of this agreement with MadoquaPower2X and CIP as it targets a project with a significant impact on the renewable hydrogen-based economy in Europe. This project is a great example of sustainable European energy security, connecting the renewable potential of Portugal with Northern European energy infrastructure through green hydrogen”.
Rogaciano Rebelo, Chief Executive Officer – Madoqua Renewables: “We are excited to bring Maire Tecnimont and NextChem on board to accelerate the licensing and engineering phases of our project. Maire Tecnimont Group has 70 years of engineering excellence and delivered over 1,500 chemical and power plants globally, thereby demonstrating its capacity to engineer a complex first of a kind large scale electrolysis-based ammonia project”.
Logo – https://mma.prnewswire.com/media/1856645/Maire_Tecnimont_NEW_LOGO.jpg
