HIF Global has secured a land reservation contract with the Port of Açu in Brazil to develop an 800,000 tonne per year hydrogen-based e-methanol facility.
The planned plant will produce the carbon-neutral e-fuel from capture carbon dioxide (CO2) and green hydrogen, representing HIF’s first project in Brazil.
The Rio de Janeiro-based port has obtained the preliminary environmental license to develop a hydrogen and derivatives hub, and the addition of HIF is expected to “attract new investment and boost the local economy.” The port is also set to provide support for HIF’s e-fuels project.
“We have been operating the world’s first e-fuels facility for over a year in southern Chile, demonstrating e-fuels are a real and concrete solution to fight climate change now,” explained Cesar Norton, President and CEO of HIF Global.
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