Revealed on Thursday (May 19), the signed Memorandum of Understanding (MoU), has planned the initial 10MW plant to be operational in 2025, with the possibility of upscaling to a capacity of 100MW by 2029.
Shell Brazil is expected to invest between $60m and $120m in research, development, and innovation in 2022.
H2 View understands that part of the produced hydrogen is destined for storage and shipment to customers, with the remaining set to be used for renewable ammonia.
José Firmo, CEO at Porto do Açu, commented, “The signing of this agreement is a milestone in the development of the green hydrogen market in Brazil.
“Porto do Açu’s world class infrastructure is an essential component for accelerating the development of low-carbon projects and for the decarbonisation of the industry.
“We are very happy to join forces with Shell and contribute to the transition efforts towards a low-carbon economy.”
Porto do Açu is currently responsible for approximately 30% of Brazilian oil exports, however, is considered a ‘gateway to green investments’ for the country and promotes projects with lower carbon-emissions and clean energy generation.
André Araujo, President of Shell Brazil, said, “This is project of immense importance not only for shell and its partners, but also for Brazil.
“With this pilot, we aim to promote the entire development of the value chain of renewable hydrogen generation, from the technology suppliers, through the domain of plant operation to the training of specialised labour.
“It will be a true laboratory of generating knowledge and value for both Shell and the country.”
North American Hydrogen Summit
H2 View is taking its events platform to America’s original clean hydrogen hub of California. Together with the California Fuel Cell Partnership (CaFCP), we will stage our North American Hydrogen Summit in San Francisco on July 14-15.
As our summit theme Building Bridges: Hydrogen hubs and investment suggests, the event will explore the $8bn of funding announced to create at least four regional hydrogen hubs in the US. These hubs will turbo-charge the nation’s progress toward heavy trucking and industrial sectors that run without producing carbon pollution – and they may just provide the path forward to a hydrogen-fuelled future.
With California and Texas vying to be America’s hydrogen capital today, where are the hubs of tomorrow? Further still, what can other states, and countries, learn from California’s success story? And how can we build bridges to a successful flow of international investment?
If you are a member of the CaFCP, be sure to grab your ticket at a discounted rate with a code that can be provided to you by the events team.
Full information about this event including attendance and sponsorship packages can be found here.