Norwegian Company Plans Green Hydrogen Project in Brazil
Key Ideas
- A Norwegian renewable energy company, Fuella AS, backed by Allianz Capital Partners, is targeting a green hydrogen project in Brazil.
- The company has reserved acreage at a hydrogen hub in the Port of Acu, located in northern Rio de Janeiro state.
- Fuella AS plans to make a final investment decision on a 400,000-ton-a-year green ammonia plant within the next four years.
- Mauro Andrade, the executive director of business development at Prumo Logistica SA, confirmed the company's intentions for the project.
Fuella AS, a Norwegian renewable energy company with backing from Allianz Capital Partners, is setting its sights on a green hydrogen project in Brazil. The company has secured land at a hydrogen hub situated in the Port of Acu in northern Rio de Janeiro state. Within a timeframe of four years, Fuella AS aims to finalize an investment decision on a 400,000-ton-a-year green ammonia plant. Mauro Andrade, the executive director of business development at Prumo Logistica SA, has affirmed the plans for this significant project. This initiative represents a noteworthy collaboration between Norwegian expertise in renewable energy and the potential for green hydrogen development in Brazil.