Brazil and Germany Invest €2bn in Green Hydrogen Initiative
A €2bn investment for an 80,000-tonne-per-year green hydrogen project in Brazil has been announced, involving key industry players from both Brazil and Germany. This project, part of Germany's strategy to fulfill 70% of its hydrogen demand through imports by 2030, enhances Brazil's role as a green hydrogen exporter.
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A consortium led by Brazil Green Energy (BGE) and German-based Green Investors (GI) is set to invest €2bn in an 80,000-tonne-per-year green hydrogen facility in Brazil. The Morro Pintado project aims to utilize 1.4GW of renewable solar and wind energy to produce green hydrogen and derivatives, with involvement from Thyssenkrupp Uhde, Siemens, Andritz, and Deutsche Bahn.
The project will also be part of the German H2Uppp programme for funding access. A future phase may increase production capacity to approximately 428,000 tonnes per year of green urea. The initiative aligns with Germany's goal of sourcing significant hydrogen imports while Brazil seeks to position itself as a burgeoning exporter of green energy solutions.
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