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January 7, 2022

H2 HEVO Sines Solar Project, Portugal

By Carmen

H2 HEVO Sines Solar Project is a 91MW solar PV power project. It is planned in Setubal, Portugal. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 91 91 Announced Setubal, Portugal Fusion Fuel Green

Description

The project is being developed and currently owned by Fusion Fuel Green. The company has a stake of 100%.

H2 HEVO Sines Solar Project is a ground-mounted solar project.

The electricitiy generated from the plant will offset 73,940t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $117.39m.

Development Status

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The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.

About Fusion Fuel Green

Fusion Fuel Green Plc (Fusion Fuel Green) is engaged in producing green hydrogen technology. The company is headquartered in Dublin, Ireland.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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