HIF Global Targets Cost Reduction for $4 Billion Hydrogen Plant in Brazil
HIF Global anticipates significant capital expenditure savings for its $4 billion green-hydrogen plant in Brazil, with plans to secure financing for the first of four modules by mid-2026. Each module will produce 220,000 metric tons of methanol annually using electrolyzers. The site at Port of Acu has an environmental license for methanol production, and a license for e-sustainable aviation fuel is in progress. HIF Global aims to finalize supply agreements with electricity and carbon dioxide suppliers this year.
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HIF Global expects to significantly reduce costs for its green-hydrogen plant in Port of Acu, Brazil, originally budgeted at $4 billion. The company plans to secure financing for the first of four modules by mid-2026, with each module producing 220,000 metric tons of methanol annually.
Current capital expenditure per module is below $1 billion, with further optimization planned. The site holds an environmental license for methanol production, and a license for e-sustainable aviation fuel is in development. HIF Global is focused on closing supply agreements with electricity companies and carbon dioxide suppliers this year.
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