Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • Tesla’s $4.3B South Korean Battery Deal Exposes Critical Supply Chain Vulnerabilities as Tariff Pressures Mount
  • Austria’s €3.5B Hydrogen Gambit: Infrastructure Investment Against European Market Skepticism
  • Brazil’s Hydrogen Pipeline Swells to 111 Projects—But Deep Challenges Stall Progress
  • Nuclear-Hydrogen Integration Faces Reality Check as AI Demand Reshapes Energy Infrastructure
  • Germany’s Hydrogen Acceleration Act: Regulatory Relief Amid Market Reality Gap
  • Why Canada’s Zero-Emission Transit Revolution Is Stuck in Neutral
  • Portugal Allocates €400 Million to Reinforce Grid Stability and Expand Battery Storage After April Blackout
  • BP’s Exit from Australia’s $55 Billion AREH Highlights Market Uncertainty in Large-Scale Green Hydrogen
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Americas
Green Hydrogen H2 News

Fortescue: Transforming Brazil with Gigawatts of Green Hydrogen

Arnes BiogradlijaBy Arnes Biogradlija19/10/20233 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

Fortescue is stepping onto the international stage with a grand ambition—to bring the benefits of green hydrogen to the northeastern Brazilian state of Ceará.

Fortescue’s vision in Brazil involves a colossal green hydrogen project, set in the Pecém industrial and port complex. This project is designed to be developed in three phases, with the initial two phases contributing a capacity of 1,200MW and the third phase adding another 900MW. In total, the project holds the potential to churn out 837 tons of green hydrogen per day, all derived from a staggering 2,100MW of renewable energy.

To move ahead, Fortescue has already taken steps. They submitted an environmental impact statement and report for their green hydrogen plant in August. Now, the next crucial step is to apply for the deployment license and the operating license.

While Fortescue is poised to take green hydrogen to new heights in Brazil, one significant roadblock stands in their way—regulations. The green hydrogen sector in Brazil lacks the necessary legal frameworks to provide the desired level of legal certainty for investors.

A Multibillion-Dollar Endeavor

The investment required for this monumental green hydrogen endeavor is substantial. Fortescue envisions multibillion-dollar investments that should commence within this decade, spanning from 2027 to 2030. However, the company emphasizes that these investments will only proceed if the project is deemed competitive.

As is common with large-scale initiatives, this project has the potential to generate employment and income, offering a promising future for the region.

A project of this magnitude requires a collaborative financial model. Fortescue anticipates a blend of private banks, state-owned banks such as BNDES and BNB, and multilateral institutions coming together to finance the project. Each bank is expected to contribute according to its strengths, ensuring a robust financial foundation for the project.

The good news is that Fortescue’s green hydrogen project has already piqued the interest of many financial institutions, with 15 banks expressing their enthusiasm for green hydrogen projects in Brazil.

Engineering Needs and Job Creation

The undertaking of producing green hydrogen on a gigawatt scale requires significant engineering expertise. This demand for process engineering on such a massive scale has never been witnessed before. It translates into the creation of numerous jobs and the emergence of new opportunities in engineering, procurement, construction, and the renewable energy sector.

The ripple effect of the project extends beyond the production of green hydrogen; it lays the groundwork for the development of more renewable energy projects, amplifying the impact on job creation and industrial growth.

While the Northeast region of Brazil is most competitive for green hydrogen projects due to its abundant renewable energy sources, Fortescue envisions a broader impact. The Southeast and South regions, too, could become hubs for supplying equipment to the green hydrogen industry. This mirrors the trajectory of wind and solar energy, where these regions have become vital in supplying equipment to the energy sector.

Share. LinkedIn Twitter Facebook Email

Related Posts

Battery

Tesla’s $4.3B South Korean Battery Deal Exposes Critical Supply Chain Vulnerabilities as Tariff Pressures Mount

30/07/2025
hydrogen

Austria’s €3.5B Hydrogen Gambit: Infrastructure Investment Against European Market Skepticism

30/07/2025
Hydrogen

Brazil’s Hydrogen Pipeline Swells to 111 Projects—But Deep Challenges Stall Progress

30/07/2025
Nuclear

Nuclear-Hydrogen Integration Faces Reality Check as AI Demand Reshapes Energy Infrastructure

30/07/2025
hydrogen

Germany’s Hydrogen Acceleration Act: Regulatory Relief Amid Market Reality Gap

30/07/2025
Zero-Emission

Why Canada’s Zero-Emission Transit Revolution Is Stuck in Neutral

29/07/2025
Battery

Tesla’s $4.3B South Korean Battery Deal Exposes Critical Supply Chain Vulnerabilities as Tariff Pressures Mount

30/07/2025
hydrogen

Austria’s €3.5B Hydrogen Gambit: Infrastructure Investment Against European Market Skepticism

30/07/2025
Hydrogen

Brazil’s Hydrogen Pipeline Swells to 111 Projects—But Deep Challenges Stall Progress

30/07/2025
Nuclear

Nuclear-Hydrogen Integration Faces Reality Check as AI Demand Reshapes Energy Infrastructure

30/07/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.