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POWER: EIB Grants €180mn Loan for Galp’s 100MW Green Hydrogen Project

POWER

 The EIB will provide a €180mn loan to support Galp’s 100MW green hydrogen project at the Sines Refinery in Portugal, with the unit set to go online in 2026, the EIB said.

  • The project is expected to produce15,000 t/yr of green hydrogen.
  • The total investment for the unit is expected at €250mn.
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 The EIB will provide a €180mn loan to support Galp’s 100MW green hydrogen project at the Sines Refinery in Portugal, with the unit set to go online in 2026, the EIB said.

  • The project is expected to produce15,000 t/yr of green hydrogen.
  • The total investment for the unit is expected at €250mn.