Green Energy Park and The State of Piaui, Brazil, have come together in a visionary partnership, signing a Letter of Intent (LOI) at the esteemed World Hydrogen Congress in Rotterdam.
Green Energy Park, a name synonymous with innovation and sustainable energy, is proud to unveil its ambitious 5 gigawatt upstream renewable production and export facility in Piaui, Brazil. Piaui has emerged as a trailblazing leader in the global hydrogen economy, harnessing cost-effective renewable energy from the bountiful sources of wind and solar power.
Piaui’s strategic significance lies in its capacity to provide cost-effective renewable ammonia from Brazil to Europe and beyond. Green Energy Park’s selection of Piaui as the first of a series of gigawatt upstream facilities signals a major step toward solidifying Piaui’s position as a global energy leader. This synergy combines the strengths of abundant renewable energy with Green Energy Park’s extensive distribution network, which initially focuses on European markets.
The World Hydrogen Congress in Rotterdam provided the perfect backdrop for the signing of this monumental agreement, heralding the dawn of renewable ammonia production.
The collaboration between Green Energy Park and Piaui is a significant leap toward a greener, more sustainable world. By investing in a decarbonized ammonia value chain, the goal is to drive down the cost of renewable hydrogen for a wide array of applications, ranging from industrial heat to transportation and power generation.
The partnership with Piaui, a cost leader in renewable energy production, is a strategic choice. With Green Energy Park’s unique midstream facilities boasting an initial import capacity of up to 10 million tonnes of ammonia annually into Europe, cost efficiencies from the network infrastructure will benefit renewable hydrogen customers across various applications, fostering synergies at a massive scale.