Enterprize Energy signs offshore wind, green hydrogen MoU in Brazil

Offshore wind farm. Author: Beverley Goodwin. License: Creative Commons, Attribution 2.0 Generic

August 11 (Renewables Now) - UK natural resources and low-carbon energy developer Enterprize Energy Pte Ltd signed a memorandum of understanding (MoU) with Brazil’s Rio Grande do Norte state government to identify and develop offshore wind, green hydrogen, and green ammonia projects.

More specifically, Enterprize Energy will look into opportunities for multi-gigawatt offshore wind schemes off the country’s northern coastline, while analysing the potential environmental and socio-economic impacts and benefits of this enterprise.

The company will also study the economic feasibility of co-developing desalination and green hydrogen production hubs for the local market and possible future exports.

Thanks to the MoU, Enterprize Energy will be able to partner up with local businesses, academic institutions and authorities, including on the federal level, to conduct studies aimed at planning all the required steps to successfully implement these projects.

According to a recent report by state-owned energy research firm EPE, cited by the company, Brazil's entire coastline could support 700 GW of offshore wind capacity.

"In addition to offshore wind’s capacity to decarbonise energy supply, advances in wind-driven electrolysis should enable Rio Grande do Norte to become a centre for green, zero-carbon hydrogen and ammonia production in South America. These ‘renewable gases’ will be instrumental for use in not only the domestic agrichemical, industrial and maritime sectors, but also for international export,” Enterprize Energy chairman Ian Hatton said.

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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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