Portugal Recognizes VVR Green Project as Key for Economic Growth
Key Ideas
- DH2 Energy's VVR Green project in Portugal receives Potential National Interest status, highlighting its economic significance.
- The renewable hydrogen production plant combines 35 MW of electrolysis and 49 MWp of solar pv in its initial phase.
- The project aims to produce 1,650 tons of renewable hydrogen per year, with plans for expansion to 75 MW of electrolysis and 100 MWp of solar pv.
- DH2 Energy sees the recognition as a step towards decarbonization and economic growth in the region.
The Portuguese Agency for Investment and Foreign Trade (AICEP) has granted DH2 Energy's VVR Green project the Potential National Interest (PIN) status, emphasizing its economic importance. Located in Vila Velha de Ródão, Portugal, the renewable hydrogen production plant is at an advanced stage of development. The plant's initial phase includes 35 MW of electrolysis and 49 MWp of solar pv, with an annual renewable hydrogen production target of 1,650 tons. DH2 Energy plans to expand the plant to 75 MW of electrolysis and 100 MWp of solar pv in the second phase. Nuno Gonçalves, Director of DH2 Energy Portugal, expressed gratitude for the recognition, highlighting the project's contribution to decarbonization and regional economic revitalization.