Bahia, a northeastern state in Brazil, is positioning itself as a significant player in the green hydrogen sector, leveraging its abundant renewable resources and strategic advantages.
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Green Energy Park, an energy startup based in Sao Paulo, has recently achieved a milestone in its journey toward establishing one of the world’s largest hydrogen production plants.
Brazilian state-owned energy giant Petrobras has announced a substantial investment of $3.9 million (BRL 20 million) into a study on natural hydrogen.
Green Energy Park’s latest investment from Investe Piauí, the state government’s investment arm, marks a significant milestone in Brazil’s hydrogen energy sector.
Green Energy Park (GEP) has set its sights on revolutionizing the global energy landscape with its initiative in Brazil. The company recently signed a definitive agreement for US$30 million in Series-A funding and acquiring long-term rights to hydrogen port terminal facilities in Luis Correia, Brazil.
Linde has unveiled plans for a advancement in Brazil’s hydrogen energy landscape. The company’s subsidiary, White Martins, is set to construct, own, and operate a second electrolyzer plant to produce green hydrogen in the southeast region of Brazil.
Brazil is emerging as a key player in the global renewable energy arena, with the Ministry of Energy touting the nation’s capacity to produce nearly 2 billion tons of green hydrogen.
Hyundai Motor’s recent announcement of a substantial $1.1 billion investment in Brazil until 2032 marks a significant milestone in the country’s journey towards embracing eco-friendly transportation solutions, particularly hydrogen-powered vehicles.
Germany’s Power-to-X Development Fund has unveiled a significant €270 million grant opportunity aimed at enhancing hydrogen production in select countries, including Morocco, South Africa, Brazil, Egypt, Georgia, India, and Kenya.
A recent study by the United Nations Industrial Development Organization (UNIDO), in collaboration with the International Renewable Energy Agency (IRENA) and the German Institute for Development and Sustainability, underscores the importance of prioritizing domestic industry in emerging countries like Brazil to drive the development of the low-carbon hydrogen sector.
