MadoquaPower2X: Renewable hydrogen and ammonia for Iberian, European and global markets
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MadoquaPower2X is a renewable project in Sines, southern Portugal. The first phase aims to produce renewable hydrogen and ammonia from 1.1 GW of solar and wind power, feeding 500 MW of electrolyzer capacity. Starting from 2028, around 50,000 tons of renewable hydrogen will be produced to generate around 300,000 tons of decarbonized ammonia, targeting the maritime fuel and fertilizer markets in Europe and beyond. Recently, the project was among the winners of the first subsidy auction from the European Hydrogen Bank, at a bid of €0.48/kg electrolytic hydrogen produced over ten years.
The MadoquaPower2X project is a consortium between Copenhagen Infrastructure Partners (through the CI ETF I fund), Madoqua Renewables and Power2X. The project is currently in the FEED phase, which was awarded to the EPC provider Maire Tecnimont, after NextChem executed pre-FEED work. Future expansion plans include up to one million tons of renewable ammonia production per year. The project will be the first industrial-scale clean energy facility in Sines, which is itself the largest logistics hub on the Iberian Peninsula.
To discuss the project and Portugal’s renewable potential, Rogaciano Rebelo (CEO, MadoquaPower2X), and Alberto Litta Modignani (VP Hydrogen, NextChem) joined AEA Technology Manager Kevin Rouwenhorst in conversation.