Green hydrogen pilot project set for Brazilian port

Neoenergia and the Pernambuco State Government have signed a Memorandum of Understanding (MOU) to build cooperation for the development of a pilot project for green hydrogen production at the Suape Port - Complexo Industrial Portuário Governador Eraldo Gueiros.

The initiative expects to find opportunities to enable demand for the product and prepare Suape Port to become a HUB for green hydrogen production in the future.

Green hydrogen is an important driver to accelerate industrial decarbonization​ and contribute to the electrification of processes, since it is obtained from renewable sources, besides generating more competitive and decentralized dynamics by joining the different market segments.

The partnership is extremely relevant for the country, since Suape has a petrochemical pole, with a strategic location for areas destined to terminals, logistics, services, and industries, especially for the European and American markets.

The agreement will have a term of one year, with the possibility of extension, and is in line with the strategy of Iberdrola, the Group's parent company. Currently, Neoenergia's installed capacity on renewable energy is over 80%. In 2022, this percentage will reach 90%, upon the completion of projects in progress, representing a profile that is even cleaner than the Brazilian electric matrix.