A woman and a men overlooking the location of a new hydrogen plant in Portugal wit a map in their hands.

Project summary

Madoqua, in partnership with MadoquaPower2X, is developing a large-scale green ammonia plant in Sines, Portugal. This innovative project includes a 500 MW electrolyser that will produce green hydrogen, which will then be converted into green ammonia—a crucial component for sustainable fertilizers and a potential carbon-free fuel. By utilizing Portugal’s abundant renewable energy sources, the plant aims to reduce CO₂ emissions by 450,000 tonnes annually. 

This project supports the EU’s energy transition goals and reduces reliance on fossil fuels, while also positioning Portugal as a key player in the green hydrogen economy. Additionally, it strengthens opportunities for exporting green hydrogen derivatives to Northern Europe, with Rotterdam serving as a vital transit hub. 

With a total investment exceeding €1.3 billion, the project is expected to create 3,000 indirect jobs during construction and 115 direct skilled jobs once operational. MadoquaPower2X’s pioneering approach exemplifies the potential of international collaboration and early-stage financing in accelerating the green hydrogen revolution. 

Render image of green hydrogen plant of Madoqua to be built in Portugal

Our impact

Accelerating the green hydrogen economy

The investment is a crucial step in reducing reliance on fossil fuels and advancing Europe’s clean energy transition. Cutting CO₂ emissions by 450,000 tonnes annually, contributing to climate goals.

Boosting job creation and economic growth

The project is expected to generate approximately 3,000 indirect jobs during construction and 115 highly skilled direct jobs once operational.

Enhancing sustainability and energy security

By investing in early-stage development, this initiative enables the production of green hydrogen and ammonia, ensuring a more sustainable and resilient European energy infrastructure.

Strengthening international collaboration

The investment fosters cross-border partnerships between Dutch, Portuguese, and European companies, reinforcing Europe’s role as a leader in the emerging hydrogen economy and supporting the Netherlands as a key hub for green hydrogen imports.

Project partners

Madoqua

More information about this case

Tim Zijderveld

Senior Business Developer


Tim.Zijderveld@investinternational.nl

Share this case study