11,4GW green hydrogen and ammonia project to be implemented in 6 consecutive phases every 2 year. COD for first phase in 2028. Situated in Parnaíba in the state of Piauí in northeastern Brazil. The electricity grid holds >90% green electricity which means we can feed the electrolysers directly from the grid and reduce significantly the storage cost. Desalination is not required as we can take water from the nearby Parnaiba river. Port for export under construction in nearby town Luis Correa.
Project details
FUNDING
Project timeline
CURRENT STATUS:2014
Start of project development
Project finalization
2035
KEY SUCCESS FACTORS
PROJECT DEVELOPMENT PHASE
- Business model/business case development
- Regulatory provisions
- Permitting and authorization procedures
- Political backing and buy-in
- Funding
- Project's business case
COMMERCIAL AND FINANCING PHASE
- Applying for public subsidy/grant schemes
- Securing private investors
- Securing public financial support (subsidy/grant)
- Putting a de-risking framework in place
- Securing customer commitments to de-risk the financial model
N.A.: Not available. This is possible due to two reasons: a) the Hydrogen Valley chose to not publicly display the data or b) the Hydrogen Valley did not answer the specific question in the associated survey.