Topsoe, a global leader in carbon reduction technologies, has been selected as the technology provider and engineering partner for the Triskelion project in Mugardos, Galicia, Spain. Owned by the Spanish shipping and chemicals company Forestal del Atlántico, the project was awarded a €49 million grant from the EU Innovation Fund in 2023. This ambitious initiative aligns with the increasing importance of e-Methanol in decarbonizing energy-intensive industries, particularly international shipping. The International Maritime Organization (IMO) projects e-Methanol will account for 8% of global shipping fuel demand by 2030.

Spain has shown a strong commitment to renewable fuels, setting a national goal for 74% of hydrogen used in industry to be green by 2030, significantly higher than the EU-wide target of 42% under the Renewable Energy Directive.

Topsoe’s Power-to-X CEO, Kim Hedegaard, highlighted the company’s enthusiasm for partnering on the project, emphasizing e-Methanol’s potential as a leading e-fuel for reducing emissions in sectors like international shipping. “We are excited to work with Forestal del Atlántico to make Triskelion a European leader in decarbonization,” he said.

Forestal del Atlántico’s CEO, Andrés Fuentes, expressed the importance of partnering with Topsoe to advance the innovative Triskelion project. “Having a technology leader like Topsoe guarantees the successful development and decarbonization of our company, especially after over three decades of using fossil-based methanol,” Fuentes noted.

Topsoe will supply its advanced e-Methanol reactor and catalyst technologies along with engineering support, which are integral to meeting the project’s e-Methanol production goals. Upon completion, the plant will produce 40,000 tons of e-Methanol annually while capturing and utilizing approximately 56,000 tons of CO2. The e-Methanol will initially be used for bunkering, transportation, and chemical industry applications.

The Triskelion plant will be powered by renewable energy through Power Purchase Agreements (PPAs), ensuring a consistent and sustainable power supply for its 8,000 operational hours per year. The facility is slated to begin operations in January 2028, marking a significant step forward in Spain’s renewable energy and decarbonization efforts.

The Triskelion project, located in Mugardos, Galicia, Spain, is a groundbreaking initiative in sustainable energy. Funded by a €49 million grant from the EU Innovation Fund in 2023, the plant is designed to produce 40,000 tons of e-Methanol annually while capturing and utilizing 56,000 tons of CO2 each year. Powered by renewable energy secured through Power Purchase Agreements (PPAs), the facility ensures a consistent and sustainable power supply for its operations. Expected to commence in January 2028, Triskelion exemplifies the global transition toward cleaner fuels, setting a benchmark for decarbonization in energy-intensive industries.