Brazil's Ceara state signs pacts for solar, green H2 projects

Solar PV plant in Brazil

August 9 (Renewables Now) - The government of the Brazilian state of Ceara has signed pacts with two companies that seek to install a 140-MW solar park and build a green hydrogen facility, respectively.

Brazilian renewable energy company Origo Energia has entered into a protocol of intentions with the northeastern state for the Origo solar project. According to the local government, the company proposes to invest BRL 800 million (USD 155.7m/EUR 152.7m) to build the solar plant across sites in more than seven municipalities. The solar park's construction is scheduled for completion by the end of 2023.

French hydrogen specialist Hydrogene de France SA (EPA:HDF), for its part, is the 20th company to sign a memorandum of understanding (MoU) with the state government for the production of green hydrogen in Ceara. The government did not disclose any more information about this project.

(BRL 1.0 = USD 0.195/EUR 0.191)

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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