The Brazilian Government has granted a 3GW green hydrogen and ammonia project CAPEX and OPEX tax exemptions as the developer prepares to take final investment decision (FID) this year.
Solar developer Solatio plans to build the project in the Parnaíba Export Processing Zone (EPS) in the state of Piauí in three consecutive 1GW phases per year, with the first phase planned to come online in January 2029.
The majority of the plant’s output is planned to be exported to European and Asian markets. H2 View understands offtakes agreements are still undergoing negotiations.
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