Green Energy Park (GEP) is implementing one of the largest climate impact undertakings in the world. Eletrobras is the leading power utility and transmission company in Latin America, and one of the largest clean energy companies in the world. Together the companies have signed a Memorandum of Understanding (MoU) with the objective of achieving cost and technology leadership in the production of renewable hydrogen and hydrogen derivatives in Brazil.

Elio Wolff (Eletrobras, left), Italo Freitas (Eletrobras, middle) and Bart Biebuyck (GEP, right) signing the MoU in Rotterdam, the Netherlands Brazil offers some of the best natural conditions for producing renewable hydrogen in the world. The collaboration between GEP and Eletrobras combines hydropower electricity resources of more than 10 Gigawatts, available for renewable hydrogen production at Eletrobras, with a unique hydrogen and hydrogen derivatives production platform, designed and implemented by Green Energy Park. To achieve cost leadership in renewable hydrogen, base-load hydroelectric power will enable the deployment of electrolyzers technologies, implemented on a standardized production infrastructure, including purpose-built export terminal facilities.

The integrated hydrogen production platform features some of the most advanced process engineering designs from the liquified natural gas and ammonia business. Green Energy Park has deep engineering and EPC expertise in the field of world-scale cryogenic gas handling and storage, which is combined with its dedicated industrial construction implementation capabilities. As a vertically integrated renewable energy company, GEP will distribute green fuels to offtakers in industry and transport with a mission to help decarbonize the hard-to-abate sectors of the economy.