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Galp Sines Green Hydrogen Plant (GalpH2Park-I)

Construction✓ Source-checked

Galp Energia SGPS, S.A. (Petrogal subsidiary)

Source: IEA Hydrogen Projects Database (September 2025)

Project Overview

Country
Portugal
Region
Setúbal (Sines)
Capacity
100 MW
Technology
PEM Electrolysis
Investment · scope not declared (EUR)
€250M

≈ $270M, converted at EUR_TO_USD = 1.08, fixed on 1 Jun 2026

Subsidy Status
disbursing

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Development Timeline

Announced—
FIDSept 2023
Construction—
Operational2026planned date

Status History

DateChangeReasonSource
17 May 2026constructionIEA Tier B Batch 3 — IEA Ref 1877—

Readiness Score

55/ 100
Advanced

Weighted checklist of public info. Not a prediction of success.

Development

✓Final Investment Decision(implied)+15
✓EPC Contract signed(implied)+10
✓Permits obtained(implied)+8
✓Grid connection secured(implied)+7

Commercial

✗Binding offtake agreement+15
✓MOU / offtake letter of intent(implied)+5
✗Confirmed price / tariff+5
✗Applied to government program+5

Financing

✗Project finance / debt secured+10
✓Subsidy (disbursing)+10

Track Record

✗Developer has completed H2 project+5
✗Developer has completed RE project+3
✗Developer has energy experience+2
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