- Press Releases
December 23 (Renewables Now) - Lightsource bp, the UK-based solar developer half-owned by BP Plc (LON:BP), and Portuguese gas utility Dourogas have joined forces to explore the deployment of 130 MW of electrolysers for green hydrogen production in Portugal.
As part of the new joint venture, Dourogas will develop the electrolysers, while Lightsource bp will supply them with electricity from up to 200 MWp of solar plants. The green hydrogen produced at the site will be injected directly into the country’s gas grid, the announcement says.
A total of eight projects are planned to be realised, with the first one, namely Monforte, being backed by a EUR-5-million (USD 5.6m) grant from the EU’s Portugal 2020 fund.
Lightsource bp targets developing 25 GW of solar projects by 2025. The company has a 1.5-GW pipeline in Portugal, not including the projects of the new JV.
(EUR 1.0 = USD 1.126)