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Tuesday 28 September 2021

(POR) AXPO LOOKING TO PORTUGAL

Axpo Group, Switzerland’s largest producer and distributor of electricity from renewable sources, has its eyes “fixed on the Iberian Peninsula and is already pushing for a green hydrogen project in Portugal”.

This is the gist of a story in Eco online today which claims the state-owned company has “already begun talks with Portuguese partners”.

The plan is to develop a large photovoltaic solar plant, with electrolysers, “in the Sines region”.

In other words, this sounds like the same project that GALP and EDP recently pulled out from (click here).

ECO’s story didn’t phrase the news like this however. It explained that Axpo’s head of renewables Christoph Sutter “recently met with the Secretary of State for Energy João Galamba to talk about Axpo’s new plans for hydrogen in Sines.

“On the Portuguese side sources connected to the process also confirmed that the meeting took place about a fortnight ago at the company’s offices in Zurich” - link - Natasha Donn - link - more like this - link

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