HyOrc Corporation is advancing its first industrial green methanol project in Portugal where it is in advanced discussions on a long-term offtake structure designed to cover initial production from a Porto-area facility. In parallel, HyOrc has received a non-binding letter of intent from a global energy trading group relating to participation in future expansion phases of its methanol platform. The indication outlines potential long-term volumes of up to 25,000 tonnes per year over a ten-year horizon, subject to definitive agreements.

HyOrc’s methanol projects compete with European grey methanol prices, ensuring profitability on market fundamentals alone. Renewable premiums offer incremental upside, not a necessity. Marine demand has surged under FuelEU Maritime. With methanol’s edge over ammonia or hydrogen being physical: it’s a liquid at ambient temperatures, utilizing existing port "pipes and pumps". "We’re seeing a massive inbound pull from global traders and buyers. The project is already gaining critical support from local authorities and major Portuguese infrastructure hubs." — Ricardo Mota, HyOrc Start Green Fuels Lda CEO.

According to its most recent PCAOB-audited filings, HyOrc reports assets measured in the hundreds of millions of dollars, primarily associated with proprietary energy technology, engineered project platforms, and long-dated contractual economic rights developed over more than a decade. An asset profile more typical of infrastructure developers entering execution than early-stage energy ventures.

Beyond maritime fuels, HyOrc is pursuing replacing diesel power rail systems with alternative-fuel solutions. As part of that execution phase, HyOrc completed Bureau Veritas–witnessed factory tests of contracted HyOrc turbines 1MW (2 x 500kw each). The delivery marks a transition from validation into commercial deployment and provides a reference point for further orders.