The Portuguese Agency for Investment and Foreign Trade has granted its Potential National Interest (PIN) status to DH2 Energy’s 35MW VVR Green renewable hydrogen production project.
The PIN status is a support system for investments that are considered of special interest for Portugal due to their economic factors and positive impact.
DH2 Energy’s VVR Green project consists of a renewable hydrogen production plant at an advanced stage of development located in Vila Velha de Ródão, in Castelo Branco, in the interior of Portugal.
The plant will have an initial capacity of 35MW of electrolysis and 49MWp of solar.
The project uses a captive photovoltaic plant to produce electricity to power the electrolyser and also entails a connection to the electricity grid.
Renewable hydrogen production will amount to 1650 tonnes per year in the first phase of the project.
The plant will be expanded to 75MW of electrolysis and 100MWp of solar in a second phase.
“We are very satisfied and grateful for the recognition that comes with being granted Potential National Interest status for our VVR Green project,” said DH2 Energy Portugal director Nuno Gonçalves.
“This initiative will contribute to the decarbonization and revitalization of the economy in the region.”