BNZ gets EIB loan for 700-MW solar pipeline in Spain, Italy, Portugal
Sep 18, 2024 15:12 CESTMadrid-based green hydrogen projects developer DH2 Energy announced on Wednesday that its up-to-75-MW VVR Green renewable hydrogen project has earned the Potential National Interest (PIN) status in Portugal.
The advanced development is a two-phase project in Vila Velha de Rodao, in Castelo Branco, where DH2 Energy plans to initially install a 35-MW electrolyser and a 49-MWp captive solar photovoltaic (PV) plant. In the second phase, the facilities will be expanded to 75 MW of electrolysis capacity and 100 MWp of solar power.
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VVR Green is expected to produce 1,650 tonnes per year of green hydrogen in its first phase.
In Portugal, being granted the PIN status is a prerequisite for leveraging streamlined procedures and shorter implementation periods.
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