Germany’s Securing Energy for Europe (SEFE), Brazil’s Eletrobras and Kuwaiti EnerTech have signed a joint study agreement (JSA) to supply Germany with 200,000 tons of green hydrogen per year produced from Brazilian hydropower, starting by 2030.
As disclosed, the parties will jointly develop a green hydrogen production project in Brazil, connected to the grid and using electricity generated from hydropower and other renewable sources. SEFE will manage the shipment of green ammonia to Germany and from there, will transport the green hydrogen through dedicated infrastructure and sell it exclusively to its base of European customers. According to SEFE, all parties aim to be long-term co-owners of the production assets.
Egbert Laege, SEFE’s CEO, commented: “This is our first partnership with South America around sustainable development and supply and with no one less than the regional leader in renewable energy. By adding those supplies to our portfolio and investing in the local production of green hydrogen, we are, once again, realizing our dual ambition of both securing energy supply for Europe and being a front runner of the energy transition.”
Italo Freitas, Eletrobras’ Executive Vice President of Commercialization, said: “Eletrobras wants to become the leader in the energy transition in Brazil and in the world and, therefore, has been advancing towards its goal of providing customers with decarbonization tools for their production, with green hydrogen now complementing hydroelectric generation in delivering clean energy. Almost all, or 97 per cent of the energy we generate is clean and our strategic plan aims to become a Net Zero company by 2030. Helping Germany and Europe reach their climate goals with green hydrogen is an honour for us. The partnership with SEFE and EnerTech is a demonstration of our commitment to the environment and the generation of cleaner energy for the entire planet.”
Anas Meerza, Chairman of Board at EnerTech, remarked: “This collaboration marks a critical milestone in advancing the adoption of green hydrogen and pushes forward our plans to decarbonize at scale, in line with the ambitions of the State of Kuwait. EnerTech firmly believes in green hydrogen and its critical role in the move towards sustainable clean energy production, and we look forward to building on this collaboration as part of our global hydrogen activities.”