Cactus Energia plans to invest 5 billion euros in a green hydrogen plant in Ceará – Brasil.
The government of Ceará and Cactus Energia Verde signed a memorandum of understanding for the production of green hydrogen (H2V) at the Pecém Port Complex.
These are investments estimated at 5 billion euros, to produce 10.5 thousand tons of H2V monthly, in addition to 5.25 thousand tons of green oxygen. The intention is to start operation in 2023.
To produce green hydrogen and oxygen, it intends to use energy produced by two parks – one solar and one offshore wind – with a total power of 3.6 GW.
Part of the electricity supply will come from the Uruquê Photovoltaic Park (2.4 GW), to be installed in the municipalities of Jaguaretama and Umari. The other part will be supplied by an offshore wind farm – which also had its memorandum of understanding signed – of 1.2 GW, under development in Camocim.
Cactus Energia’s H2V plant is expected to generate 5,000 direct jobs during its construction and maintenance and 600 jobs in its operational phase.
It is the 15th memorandum for the production of green hydrogen signed by the government of Ceará, the state that leads the projects of this modality. In addition to Cactus, the government of Ceará signed agreements with AES and Total Eren, among other companies. Thanks for staying up to date with Hydrogen Central.
H2V Memoranda signed with Ceará
- Enegix Energy
- White Martins/Linde
- Qair
- Fortescue
- Neoenergy
- Eneva
- Differential
- Hytron
- H2Helium
- Engie
- Transhydrogen Alliance
- EDP
- AES
- Total Eren
- Green Energy Cactus
Camilo Santana, Governor:
This has been a great strategy that Ceará has taken first.
“The main objective of all this is to generate opportunity. Make sure that our state can grow, develop and generate jobs”.
Cactus Energia plans to invest 5 billion euros in a green hydrogen plant in Ceará, February 9, 2022