The most recent bilateral agreement between Brazil and Germany, agreed during the Brazil-Germany Economic Conference (EEBA), will be based on the advancement of technologies for the production of green hydrogen.
The German Federation of Industrial Research Associations (AIF) and the National Service for Industrial Learning (SENAI) will choose up to 10 projects involving startups, small and medium-sized firms (SMEs), and research and technology institutions from both nations. About R$ 21 million will be used to finance the industrial mission overall.
Brazilian businesses and the network of SENAI Innovation Institutes will be able to apply for the first round of the bilateral call starting in April of this year. The chosen projects will proceed to the following phase, which will begin in July 2023 and have a September 2023 completion date. The chosen ideas should begin in early 2024 and run between 12 and 36 months. The SENAI Institute of Innovation in Information and Communication Technologies (TICs), from SENAI in Pernambuco, will oversee the industrial mission.
The goal of the mission is to connect research and innovation hubs in the two nations to tackle the problem of the energy transition through initiatives that are more in line with Brazilian requirements and features.
The projects will be executed in Germany and Brazil. Applicants will concentrate on Brazilian technology development hubs including the TECH HUB in Porto de Suape (Pernambuco), the SENAI CIMATEC Park in Bahia, and the Green Hydrogen Center in Balbina (Amazonas). The goal is to link ongoing energy transition initiatives, speed up technology pathways, and establish connections with businesses that make and sell green hydrogen to end users.
Germany is now Brazil’s fourth-largest trading partner in the world, and Brazil is now Germany’s largest partner in South America due to the economic benefits of a long-standing relationship between the two economies. Bilateral commerce in products between nations reached US$ 19.1 billion in 2022, setting a new high since 2014. Bilateral trade in services reached US$ 1.78 billion in 2021, and US$ 14.5 billion in foreign investment stocks.