Quinto Energy reveals that it can develop green hydrogen with a price close to that of gray hydrogen

Company sought international partners with innovative technologies to achieve competitive prices

During the Hydrogen Dialogue Latam, held in São Paulo on October 18th and 19th, the company Quinto Energy made a projection regarding the cost of green hydrogen produced from its wind and solar energy projects, which total 14GW of capacity installed. 

The company's vice president, Hugo Chang, revealed that his project predicts that the price per kilogram of green hydrogen will be close to that of gray hydrogen, which is produced from gas, currently priced between US$1,50 and US$2,00 .XNUMX. 

During his talk at the seminar, the executive explained that the company's project has been under development for 10 years and for hydrogen to reach a competitive global price, Quinto Energy prioritized the attraction of strategic partners, with innovative technology, to ensure that the venture requires an investment with an attractive value. “Our concern is to deliver the lowest levelized energy cost. If today our projects have competitive prices, it is because we brought international partners from Germany and China to add to this energy price composition. Cheap energy, cheap hydrogen”, concludes the Quinto Energy representative.

Considered one of the companies with the largest renewable energy portfolio in the country, Quinto Energy has five projects under development in Bahia, totaling 14GW of installed capacity. The hybrid complexes are being developed in more than 2,5 properties that the company has leased across 15 municipalities in the backlands of Bahia. More than R$60 million were invested in the land regularization of these rural lands.

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