LISBON, Dec 19 (Reuters) - Portugal's Galp
Energia expects to
start producing biodiesel and
biojet fuel from waste in an industrial-scale unit it is
developing at its
Sines refinery in 2026, the business, which is primarily an
oil producer and refiner, stated on Thursday.
Last year Galp got in into a 75%-25% joint endeavor with
Japan's Mitsui to invest 400 million euros ($415 million) in the
Hydrogenated Vegetable Oil (HVO) plant, which will have a
production capacity of 270,000
metric heaps per year.
It will transform waste materials, such as used
cooking oils, into renewable
biodiesel and biojet fuel, also known as
sustainable air travel fuel (SAF), utilizing
green hydrogen produced by an
electrolyser powered by wind or
solar energy.
Galp said in a declaration it received on Wednesday the 3 reactors to process biofuels, which will permit the HVO system to "produce SAF and
biodiesel in 2026 ... placing Galp at the forefront of establishing low-carbon solutions essential for the energy shift".
Galp is likewise investing 250 million euros in a 100 megawatt (MW) electrolyser system to produce green
hydrogen to power the
refinery in Sines. ($1 = 0.9637 euros) (
Reporting by Sergio Goncalves;-RRB-
