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The State of Ceará Can Play a Strategic Role in the Green Hydrogen Export Agreement Signed with the Government of Germany
The state of Ceará can have a strategic role in the green hydrogen export agreement signed with the German government. Following the announcement from the state government, representatives from the Brazil-Germany Chamber of Commerce and Industry in São Paulo and Rio de Janeiro are seeking business opportunities between the state and the European country.
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Ansgar Pinkowski, Innovation and Sustainability Manager at the Brazil-Germany Chamber of Commerce in Rio de Janeiro, says that “With this green hydrogen hub announced by the State, Ceará is positioning itself ahead not only of other states but also of the Federal Government, which is considering launching a roadmap and a national strategy for green hydrogen, but hasn’t even started yet. Ceará seized this opportunity and is launching itself well ahead of others, and what excites me about Ceará is that institutions are working together: State, Fiec (Federation of Industries of the State of Ceará), private initiative, and the university.”
Recently, the northeastern state signed a memorandum with the Australian multinational Enegix Energy to build a green hydrogen production plant (H2V) at the Port of Pecém (Cipp) Port and Industrial Complex. The plant is expected to have an investment of US$ 5.4 billion – equivalent to about R$ 28 billion.
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Fiserv, the world’s largest payment processor, has just opened its first factory outside Asia in Brazil. The unit in Betim (MG) will produce 100,000 Clover payment terminals per year and is part of a US$100 million investment that includes technology and expansion until 2027.
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Pix could become a headache between Brazil and the US, and the Lula government will go to the White House to explain the system before pressure mounts.
Exports to Germany:
The German government has begun the process of seeking suppliers of green hydrogen energy to meet the country’s needs in the coming years. According to Ansgar, by 2030, Germany expects to replace 30% of its energy matrix based on oil and natural gas with green hydrogen.
However, due to geographical reasons and other constraints, Germany will need to import 90% of its green hydrogen, which will establish commercial partnerships with global suppliers.
Bernd dos Santos Meyer, Cooperation Consultant for Sustainable Technology Development at the Brazil-Germany Chamber of Commerce in São Paulo, stated that “The German government said it will invest 9 billion euros to develop the green hydrogen market and 2 billion euros will be directed to international partnerships. Our intention is for Brazil to enter as a partner in this international cooperation, and we are working to promote this issue in the country and here in Ceará.”
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