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GreenH2Atlantic

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Hytlantic (company of EDP, Galp, Bondalti, Martifer and Vestas)

Project Overview

Country: Portugal
Region: Alentejo
Capacity: 100 MW
Technology: Alkaline Electrolysis
Investment · scope not declared (USD): $99M
Subsidy Status: approved

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Development Timeline

Announced2021

FID—

Construction—

Operational—

Readiness Score

5/ 100

Early Stage

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

Development

✗Final Investment Decision+15

✗EPC Contract signed+10

✗Permits obtained+8

✗Grid connection secured+7

Commercial

✗Binding offtake agreement+15

✗MOU / offtake letter of intent+5

✗Confirmed price / tariff+5

✗Applied to government program+5

Financing

✗Project finance / debt secured+10

✓Subsidy (approved)+5

Track Record

✗Developer has completed H2 project+5

✗Developer has completed RE project+3

✗Developer has energy experience+2

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