Brazil’s Cactus Energia indicators H2 MoU in Ceara backed by 3.6 GW of photo voltaic, offshore wind
February 8 (Renewables Now) – Brazilian power firm Cactus Energia Verde intends to take a position EUR 5 billion (USD 5.7bn) to develop a inexperienced hydrogen and oxygen venture underpinned by 3.6 GW of recent photo voltaic and wind energy put in within the state of Ceara.
On Monday, the Ceara state authorities and the power firm signed a memorandum of understanding (MoU) to cooperate on establishing inexperienced hydrogen manufacturing on the hub inside the Pecem Industrial and Port Complicated. There, Cactus would purpose to supply 10,500 tonnes of hydrogen and 5,250 tonnes of inexperienced oxygen monthly, the federal government stated in a press launch.
Electrical energy for the proposed plant would come from a future 1.2-GW offshore wind farm situated off the coast of Camocim, and the two.4-GW Uruque photo voltaic photovoltaic (PV) park.
The venture proposal for the offshore wind farm was included in a separate MoU, stated the Ceara authorities. The Uruque growth is at the moment within the allowing course of, in response to an replace by Semace, the Ceara state’s environmental superintendency, in December 2021.
Building of the hydrogen manufacturing plant on the Pecem advanced is scheduled to begin in early 2023, the federal government’s press launch reads.
For the state authorities, the most recent MoU is the fifteenth settlement signed with a company entity that expressed curiosity in establishing inexperienced hydrogen manufacturing on the Pecem advanced.
(EUR 1.0 = USD 1.145)