Maire Tecnimont announced that its subsidiary NextChem has been awarded a Pre-FEED engineering services contract by MadoquaPower2X, the Portuguese, Dutch, Danish consortium led by Madoqua Renewables along with CIP's Energy Transition Fund and Power2X to develop and operate an integrated renewable hydrogen and green ammonia plant located in Sines in Portugal. The purpose of the Pre-FEED engineering services includes early studies, technology and process review, modularity and logistics analysis, front end loading of engineering required to undertake the permitting and licensing for the project.MadoquaPower2X will use renewable energy and 500 MW of electrolysis capacity to produce annually 50,000 tonnes of green hydrogen along with green ammonia plant capacity of up to 500,000 tonnes per year with up to 600,000 tonnes per year CO2 emissions avoided in this initial phase. It will be located in the Sines industrial zone and will generate economic growth with an activity classified as sustainable according to the latest EU Taxonomy setting up an export energy carrier value chain between the Port of Sines in Portugal and Northwest European destinations.
Maire Tecnimont announced that its subsidiary NextChem has been awarded a Pre-FEED engineering services contract by MadoquaPower2X, the Portuguese, Dutch, Danish consortium led by Madoqua Renewables along with CIP's Energy Transition Fund and Power2X to develop and operate an integrated renewable hydrogen and green ammonia plant located in Sines in Portugal. The purpose of the Pre-FEED engineering services includes early studies, technology and process review, modularity and logistics analysis, front end loading of engineering required to undertake the permitting and licensing for the project.MadoquaPower2X will use renewable energy and 500 MW of electrolysis capacity to produce annually 50,000 tonnes of green hydrogen along with green ammonia plant capacity of up to 500,000 tonnes per year with up to 600,000 tonnes per year CO2 emissions avoided in this initial phase. It will be located in the Sines industrial zone and will generate economic growth with an activity classified as sustainable according to the latest EU Taxonomy setting up an export energy carrier value chain between the Port of Sines in Portugal and Northwest European destinations.