In a move that underscores Brazil’s determination to be a key player in the global green energy arena, the Ceara state government has signed a Memorandum of Understanding (MoU) with GoVerde Energia and Apollo Asset.
Browsing: Brazil
Brazil finds itself at a pivotal crossroads in its pursuit of a low-carbon hydrogen industry. The recent proposals for a legal framework for hydrogen in the National Congress have sparked a nationwide debate on the future of this clean energy source in the country. Central to this discourse is the need for incentives and subsidies, and their source, to develop a thriving low-carbon hydrogen industry in Brazil.
Brazil is setting its sights on becoming a major player in the low-emission hydrogen sector, with Thymos Energia estimating that the country needs to invest a substantial $28 billion in hydrogen projects by 2030. This ambitious endeavor aims to produce 20 million tons of hydrogen per year, a goal that could potentially increase to 38 million tons per year, considering projects in various stages of development.
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.
HRS sees red After net allocations to depreciation and provisions of 2.6 million euros, which include 1.2 million euros of…
Port of Sines has unveiled a direct maritime route to the northeast of Brazil, promising to significantly reduce shipping time between continents. Beyond mere logistics, this maritime connection aims to play a pivotal role in both Brazil’s green hydrogen ambitions and the impending EU-Mercosur trade agreement.
Brazil, a country renowned for its pioneering efforts in renewable energy, is set to achieve another groundbreaking milestone. It will become home to the world’s first plant dedicated to producing renewable hydrogen from ethanol.
Great Wall Motors (GWM) is set to introduce hydrogen-powered trucks and flex hybrid passenger cars to the Brazilian market. This endeavor aligns with the global shift towards cleaner energy sources and represents a pivotal moment in Brazil’s automotive landscape.
Brazil’s Pecém Port has secured a substantial investment of $90 million. This financial backing, approved by the Brazilian External Financing Commission (Cofiex), is poised to catalyze the development of the Green Hydrogen Hub within the Pecém Industrial and Port Complex (CIPP S/A).
Sao Paulo-based consulting firm Clean Energy Latin America (CELA) has taken a monumental step in advancing the green hydrogen frontier by launching a groundbreaking tool—the Green Hydrogen Production Cost Index for Brazil.