Ceará Government Signs Pre-Contract with Multinational Fortescue to Establish Green Hydrogen Hub at Pecém Industrial and Port Complex

The Government of Ceará Signed a Pre-Contract with the Multinational Fortescue for the Installation of the Green Hydrogen Hub at the Industrial and Port Complex of Pecém in the Coming Years.

The Government of Ceará has made further progress to ensure economic development and improve the quality of life for Cearans. Governor Izolda Cela signed, on the morning of this Wednesday (15), the pre-contract with the multinational Fortescue Metals Group to bring the project of the Green Hydrogen Hub at the Industrial and Port Complex of Pecém (CIPP), in São Gonçalo do Amarante, to fruition.

Green Hydrogen Hub Project Also Encourages the Energy Production Chain

The signing took place at the headquarters of the Industrial and Port Complex of Pecém, with the presence of Luís Viga, Business Development Manager at Fortescue Future Industries, Sebastian Otero, Project Portfolio Manager in Latin America, Maia Júnior, Secretary of Economic Development and Labor, Danilo Serpa, President of the Pecém Complex, Eduardo Neves, President of the Export Processing Zone of Ceará, among other authorities, such as public managers and executives from the private sector.

Thus, the state and Fortescue, a global leader in the iron ore industry, will operate in mutual cooperation to make the installation of the first Green Hydrogen Hub at the Industrial and Port Complex of Pecém a reality, while also fostering the energy production chain in the state.

According to the Governor of Ceará, this movement was led during the administration of Governor Camilo Santana, establishing Ceará as a strong and engaged hub in this moment of energy transition, with both natural and institutional potential. The Hub comes to solidly evolve in Ceará, and Brazil will only have salvation if the Northeast continues to progress with renewable energies.

Fortescue Seeks Viable Opportunities for Green Hydrogen Production

According to the CEO of Fortescue Future Industries Latin America, the company is pleased to announce this new milestone in its work in the country with the government of Ceará and the authorities of the Industrial and Port Complex of Pecém.

This pre-contract for the Hydrogen Hub is the result of the work done in recent months and will allow the company to continue advancing in its pre-feasibility studies for project development. Thus, Fortescue reaffirms its commitment to collaborating with the communities.

In this way, in recent months, the company has begun to deepen its knowledge of the region, its biodiversity, and its communities through environmental and social impact studies. The signing of this pre-contract strengthens the progress of the Green Hydrogen Hub project at the Industrial and Port Complex of Pecém.

Therefore, with the pre-contract signed, the multinational plans to conduct studies and seek to identify viable opportunities for green hydrogen generation and make its best efforts to collaborate with local universities to create research programs to promote technologies related to the fuel.

Green Hydrogen Is the Future of Fuels

Green Hydrogen is emerging as the cleanest energy source for reducing greenhouse gas emissions and thus ensuring a sustainable future for the planet.

According to the study “Scaling Up” by the Hydrogen Council, by 2050, H₂V will represent about 18% of all energy consumed worldwide. Thus, the Government of Ceará developed the Green Hydrogen Hub in February of last year, in partnership with FIEC, UFC, and the Industrial and Port Complex of Pecém.

So far, 18 cooperation agreements have been signed, all aiming to produce and export green hydrogen.