Galp and Mitsui plan to invest $638 million in biofuels and green hydrogen
Galp, a Portuguese energy company, has planned to partner with Mitsui to produce renewable diesel and sustainable aviation fuel (SAF) biofuels. Reportedly, the joint venture includes an investment of approximately $691 million in two industrial-scale projects: a 270-kilo-tonne per year advanced biofuels unit and 100 MW of electrolysers for the production of green hydrogen.
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