This is the Fifth Memorandum of Understanding signed by the Brazilian government after the 2022 Bill PL 725 established the guidelines for the integration of hydrogen as an energy source in the country.
According to the agreement, EN.IT undertakes to install a new wind farm in Rio Grande do Sul, which will supply green hydrogen and 250,000 tons of green ammonia per year using renewable energy.
This is the Fifth Memorandum of Understanding signed between the Brazilian government and private companies for the development of green hydrogen projects. It is another step towards reducing carbon dioxide emissions and producing hydrogen through renewable sources – as in the 2022 bill PL 725, which regulates the integration of hydrogen as an energy source in Brazil – and establishes the incentive parameters for the use of sustainable hydrogen.
For EN.IT, the Brazilian project is just the first step in the company’s dawn2zero initiative, a dedicated platform for global investments in green hydrogen and its hydrogen-based fuels and raw materials. The platform includes a wide range of global green hydrogen production projects of up to 5 GW by 2035 to support the transition towards zero emissions in traditional hydrogen sectors (chemicals, oil refining, iron and steel) and new potential markets such as aerospace, construction and power.
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EN.IT CEO Mattia D’Amato, who is also the founder and CEO of dawn2zero, says that due to the many uses and applications of green hydrogen and ammonia, “demand is expected to grow significantly from 2050. Our first initiative in Brazil will produce 250,000 tons of green ammonia per year , avoiding around 400,000 tons of CO2 emissions per year. Ammonia has many potential applications, including as an electricity generator, as a hydrogen carrier, and as a zero-carbon fuel. In addition, it can be used in industrial processes and fertilizer production, and it can also be converted back into hydrogen through cracking techniques. In this way, we can store and transport hydrogen using existing infrastructure.The main goal of the green ammonia we produce is to be used both locally and internationally, including in Europe, where we can contribute significantly to global green energy goals and help build the foundation for future net carbon emissions. economic.”
To date, EN.IT, with 30 years of experience, has completed approximately 1 GW of renewable energy projects developed in Italy and has more than 5 GW of projects under development worldwide. D’Amato adds: “The signing of this memorandum is, on the one hand, a milestone for us in our long-term development project and, on the other hand, it recognizes EN.IT’s position as a reliable partner for both government authorities and authorities. industry players on the way to global reduction of carbon dioxide emissions. Today, producing clean energy is no longer a luxury, it is the only way forward. The Dawn2zero platform offers effective solutions to global climate change with the help of strategic partners. Let’s improve the future of energy, starting today.”