- Lightsource bp and Dourogas will form a JV in Portugal to set up green hydrogen projects
- It will comprise up to 200 MW of solar power capacity to power 130 MW electrolyzers
- Green hydrogen produced will be fed directly into the national gas network
- 1st project of the JV, Monforte, will be financially supported by €5 million under POSEUR program of Portugal
UK based solar power project developer Lightsource bp has announced a joint venture (JV) with Portuguese gas service provider Dourogas to establish up to 200 MW solar energy capacity to power 130 MW electrolyzers in Portugal. Green hydrogen thus produced will be injected directly into the national gas network.
Through the ‘unique partnership’, the duo plans to establish 8 green hydrogen projects which will also lead to the creation of more than 1,000 direct and indirect jobs.
Lightsource bp said the 1st project under the partnership, Monforte, is supported with €5 million from POSEUR, short for Programa Operacional Sustentabilidade e Eficiência no Uso de Recursos. POSEUR is part of the Portuguese government’s sustainable growth strategy.
The British company said this is the 1st partnership of its kind for the entity in the field of green hydrogen even as it is participating in other hydrogen related consortia in Australia and the UK. “This partnership represents a window of opportunity. It demonstrates what the energy sector can do now, not in 2050 or 2030,” said Country Head Portugal for Lightsource bp, Miguel Lobo.
Outside this partnership, Lightsource bp counts its solar power capacity in the country as around 1.5 GW. Its overarching aim is to develop 25 GW solar power capacity by 2025 at a global level (see Lightsource BP Targeting 25 GW Solar By 2025).