REGA Energy announcement

REGA ENERGY is proud to announce a preliminary investment decision for the company’s first green hydrogen valley in Portugal, reaching full offtaker capacity for this project. REGA will be launching a formal RFP to leading Tier 1EPC contractors to have, by end of Q1 2024, a selected partner and contract signed for its project comprised of 40MW electrolyser capacity and pipeline network to clients.

REGA has recently concluded a funding round of €60 million in addition to finalising the front-end engineering design (FEED) for the plant and pipeline distribution network, selecting alkaline technology for its electrolyser, and will finalise its pre-selection of an original equipment manufacturer (OEM) in the coming months. Building on the local glass and cement industry hub in the Central region, the Valley has been certified as a project of national interest (PIN).

The preliminary investment decision is a testament to REGA’s hard work with industry players and contractors, ensuring the best partners, and a successful completion of this phase, paving the way to more future green hydrogen valleys in Portugal.