GoVerde Signs Contract for E-Methanol Factory in Suape with R$ 2 Billion Investment

Written by Carla Teles

Published on 12/06/2025 at 15:36

GoVerde fecha contrato de R$ 2 bilhões para instalar fábrica de e-metanol em Suape (PE). Saiba tudo sobre o projeto focado na produção do combustível verde para exportação. Imagem: Complexo Industrial Portuário de Suape

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Initial Plant Will Have the Capacity for 300 Tons Daily of Green Fuel, Focused on Exporting to European and North American Markets.

The government of Pernambuco signed a contract with GoVerde. The agreement provides for the installation of a factory to produce e-methanol. The unit will be located in the Suape Industrial Port Complex and is derived from green hydrogen.

The project represents an important step for the green economy in the state. The contract was signed on Monday, June 9. Governor Raquel Lyra (PSD) was present and highlighted the importance of the initiative. “With this innovation, we ensure that Pernambuco grows sustainably, through the green economy,” she stated.

Billion-Dollar Investment for E-Methanol Production

The first phase of the project will receive an investment of R$ 2 billion. The factory is expected to begin operations by 2028. Initially, the plant will produce up to 300 tons of e-methanol per day. GoVerde was the sole bidder in the state government’s tender for this contract.

ARTICLE CONTINUES BELOW

E-Methanol Production Focused on Export

The location of the Port of Suape is strategic. Therefore, the production of e-methanol will be focused on exports. The main clients are from the naval industry and the aviation sector in Europe and the United States. The enterprise reinforces Pernambuco’s bet on fuels of the future.

Tripling Production by 2032

The enterprise already has an expansion plan. The goal is to reach a volume of 900 tons of e-methanol per day by 2032. The plant will start on a 10-hectare area. Subsequently, it will expand by an additional 20 hectares.

“We are building a complete, safe and sustainable supply chain for green fuel,” said GoVerde CEO Ricardo Junqueira. He emphasized that the plant in Suape places Brazil on the global decarbonization route.

Suape Solidifies as a Sustainability Hub

The arrival of GoVerde strengthens Suape’s position in the renewable energy sector. “This is another step we have taken in consolidating an economy focused on fuels of the future,” said Pernambuco’s Secretary of Economic Development, Guilherme Cavalcanti.

He added, stating that Suape was designed to be a major sustainability hub. It is worth noting that last year, the government of Pernambuco had already signed an agreement with European Energy for a similar e-methanol project in Suape, also with investments of R$ 2 billion.

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GoVerde Signs Contract for E-Methanol Factory in Suape with R$ 2 Billion Investment

Initial Plant Will Have the Capacity for 300 Tons Daily of Green Fuel, Focused on Exporting to European and North American Markets.

Billion-Dollar Investment for E-Methanol Production

E-Methanol Production Focused on Export

Tripling Production by 2032

Suape Solidifies as a Sustainability Hub

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GoVerde Signs Contract for E-Methanol Factory in Suape with R$ 2 Billion Investment

Initial Plant Will Have the Capacity for 300 Tons Daily of Green Fuel, Focused on Exporting to European and North American Markets.

Billion-Dollar Investment for E-Methanol Production

E-Methanol Production Focused on Export

Tripling Production by 2032

Suape Solidifies as a Sustainability Hub

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

Engineers want to carve through Africa with a giant canal to bring water from the world’s second-largest river to a dying lake on the edge of the Sahara Desert that has already lost 90% of its water.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

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