Australian renewable energy company Enegix has signed an MOU with the Ceará state government to develop a green hydrogen export hub in Brazil. The project, titled Base One, will be the first of its kind in Brazil and will be located at the Pecém Industrial and Port Complex (CIPP) in Ceara. 

According to Enegix, the three-year US $5.4 B project is planned to produce enough green hydrogen to power the lives of over 200 million people in developing economies without emitting any carbon.  

Using a power to power strategy to replace expensive, high emission power grids with renewable, baseload, and cost effective zero carbon grids, Enegix plans to create a new model of sustainable energy. 

Enegix says the potential production output is up to 615 million kg annually. An initial 3.4GW of renewable baseload power has been contracted for the production, with the potential to scale to over 100GW in the future.