News

Neoenergia and Pernambuco State Government Enter Into Agreement for the Production of Green Hydrogen

By June 14, 2021 2   min read  (223 words)

June 14, 2021 |

Fuel cells works, Neoenergia and Pernambuco State Government Enter Into Agreement for the Production of Green Hydrogen

In an event held last week, an agreement was signed for a pilot project kick-off, which will take place inside SUAPE, a State port complex.

Neoenergia and the Pernambuco State Government signed today (6/10) a Memorandum of Understanding (MOU) to build cooperation for the development of a pilot project for green hydrogen production at the Suape Port – Complexo Industrial Portuário Governador Eraldo Gueiros.

The initiative expects to find opportunities to enable demand for the product and prepare Suape Port to become a HUB for green hydrogen production in the future.

Green hydrogen is an important driver to accelerate industrial decarbonization​ and contribute to the electrification of processes, since it is obtained from renewable sources, besides generating more competitive and decentralized dynamics by joining the different market segments.

The partnership is extremely relevant for the country, since Suape has a petrochemical pole, with a strategic location for areas destined for terminals, logistics, services, and industries, especially for the European and American markets.

The agreement will have a term of one year, with the possibility of extension, and is in line with the strategy of Iberdrola, the Group’s parent company. Currently, Neoenergia’s installed capacity on renewable energy is over 80%. In 2022, this percentage will reach 90%, upon the completion of projects in progress, representing a profile that is even cleaner than the Brazilian electric matrix.

FuelCellsWorks

Author FuelCellsWorks

More posts by FuelCellsWorks
error: Alert: Content is protected !!