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Neoenergia to develop green H2 pilot project in Brazil

Neoenergia and the Pernambuco State Government signed an MOU to build cooperation for the development of a pilot project for green hydrogen production at the Suape Port - Complexo Industrial Portuário Governador Eraldo Gueiros. The initiative expects to find opportunities to enable demand for the product and prepare Suape Port to become a HUB for green hydrogen production in the future.

The partnership is relevant for the country, since Suape has a petrochemical pole, with a strategic location for areas destined to terminals, logistics, services, and industries, especially for the European and American markets.

The agreement will have a term of one year, with the possibility of extension, and is in line with the strategy of Iberdrola, the Group's parent company. Currently, Neoenergia's installed capacity on renewable energy is over 80%. In 2022, this percentage will reach 90%, upon the completion of projects in progress, representing a profile that is even cleaner than the Brazilian electric matrix.