Vale, the Brazil’s largest individual energy consumer, and Petrobras, the national petroleum company, are forging ahead with plans to lead the transition toward green hydrogen.
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Andrew Forrest, the head of Fortescue, one of the world’s largest mining companies, unveiled plans for a substantial $5 billion investment in a green hydrogen project located in the Pecém Industrial and Port Complex in Ceará, northeastern Brazil.
The world is at a critical juncture in the pursuit of sustainable energy alternatives. With the growing need to replace traditional fossil fuels, the quest for cleaner, greener energy sources has never been more urgent. In the second episode of the series “The Future of Energy,” the spotlight is on hydrogen, particularly green hydrogen, as a viable alternative that could revolutionize the energy landscape in Brazil and beyond.
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.
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.
