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<br>LISBON, Dec 19 (Reuters) [- Portugal's](https://www.bloomberg.com/profile/company/MNELF:US) [Galp Energia](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [anticipates](https://www.businessnews.com.au/Company/Mission-NewEnergy) to begin producing [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) and biojet fuel from waste in an industrial-scale unit it is [building](https://pitchbook.com/profiles/company/51278-86) at its [Sines refinery](https://www.google.com/search?kgmid=/m/0cqd_rb) in 2026, the company, which is primarily an oil [producer](https://www.bloomberg.com/profile/company/MNELF:US) and refiner, said on Thursday.<br> |
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<br>In 2015 Galp got in into a 75%-25% [joint venture](https://pitchbook.com/profiles/company/51278-86) with to invest 400 million euros ($415 million) in the [Hydrogenated Grease](https://forest500.org/rankings/companies/mission-newenergy-limited) (HVO) plant, which will have a [production](https://www.bloomberg.com/profile/company/MNELF:US) capacity of 270,000 metric heaps [annually](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br> |
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<br>It will change waste products, such as utilized cooking oils, into [renewable](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and biojet fuel, likewise called [sustainable aviation](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) fuel (SAF), using [green hydrogen](https://www.bloomberg.com/profile/company/MNELF:US) produced by an [electrolyser](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) powered by wind or [solar energy](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br> |
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<br>Galp stated in a declaration it got on Wednesday the three reactors to [process](https://pitchbook.com/profiles/company/51278-86) biofuels, which will enable the HVO system to "produce SAF and biodiesel in 2026 ... putting Galp at the forefront of establishing low-carbon options essential for the energy shift".<br> |
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<br>Galp is also investing 250 million euros in a 100 megawatt (MW) electrolyser system to [produce green](https://www.pinterest.com.au/missionnewenergy/) [hydrogen](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to power the refinery in Sines. ($1 = 0.9637 euros) ([Reporting](https://www.pinterest.com.au/missionnewenergy/) by Sergio Goncalves |
