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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 company, which is mostly an oil manufacturer and refiner, said on Thursday.
Last year Galp got in into a 75%-25% joint venture 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 loads annually.
It will transform waste materials, such as utilized cooking oils, into and biojet fuel, likewise referred to as sustainable air travel fuel (SAF), using green hydrogen produced by an electrolyser powered by wind or solar energy.
Galp stated in a declaration it got on Wednesday the 3 reactors to process biofuels, which will permit the HVO unit to "produce SAF and biodiesel in 2026 ... putting Galp at the forefront of establishing low-carbon services important for the energy shift".
Galp is likewise investing 250 million euros in a 100 megawatt (MW) electrolyser unit to produce green hydrogen to power the refinery in Sines. ($1 = 0.9637 euros) (Reporting by Sergio Goncalves
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