Brazil Plans $5.4B Green Hydrogen Hub

The government of Brazil has announced plans to build a $5.4 billion green hydrogen hub in Ceará, Brazil, which will be the first of its kind in Latin America.

The hub will be built by Australian firm Enegix Energy at the Pacém Industrial and Port Complex (CIPP), 60km from Fortaleza.

The state government, Federal University of Ceará (UFC) and Enegix Energy met on Friday, February 19th to sign a memorandum of mutual collaboration which was described as the first step to actualizing the plans to build the hub.

Governor Camilo Santana, governor of Ceará state, says he considers this agreement as a historic moment for Ceará.

The government plans to make Pacém a major hydrogen production hub with enough output to power the economic activities of Brazil and to export worldwide.

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