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German investment could boost H2V projects in Brazil

Document signed, this Monday (13), reinforces bilateral collaboration in actions to promote renewable sources

14-03-23-canal-solar-German investment could boost H2V projects in Brazil

39th Brazil-Germany economic meeting. Photo: FIEMG/Disclosure

The Minister of Mines and Energy, Alexandre Silveira, and the German Federal Minister for Economic Affairs and Climate Action, Robert Habeck, signed this Monday (13) a document that reaffirms the Brazil-Germany energy partnership.

According to MME (Ministry of Mines and Energy), the collaboration contributes to the development of the energy sector in both countries, with the aim of strengthening energy security, promoting transition and reducing greenhouse gas emissions.

At the time, Silveira suggested hiring H2V (green hydrogen) by the Germans to install industrial plants and other projects related to the topic, strengthening the National Hydrogen Program.

“We had a very objective conversation in order to demonstrate Brazil's direction of continuing to develop its renewable and clean energy park”, highlighted the minister.

The idea is to hold an auction in Brazil, with a guarantee of contracting by the German government, for the development of the low-carbon hydrogen program for both the Brazilian and German governments.

“An action that will help to further advance Brazil's clean energy matrix and which is the MME's challenge, to reconcile this government policy with economic development to generate opportunities for the Brazilian people in order to combat inequalities, even very latent in our society”, he added.

During the signing, Alexandre Silveira emphasized the importance of the agreement and the Brazilian government's intention to maintain bilateral collaboration in the energy area.

According to him, Brazil has the potential to be a protagonist in this agenda, having market scale, diversified and abundant energy resources, in addition to an energy sector with a high matrix of renewable sources.

“Our clean energies – solar, wind and hydro – have been developing exponentially. There is a tendency for us to have a large energy surplus in Brazil, which can be reconciled with Germany's interests in relation to green hydrogen,” he stated.

Robert Habeck also highlighted Brazil's potential in generating renewable energy and commented on the expectations of the partnership between the two countries. For him, there are already sectors interested in investing in H2V production.

“Considering Brazil's enormous potential, at the end of the current decade I believe that we will begin a real leap in these new energies, because the equipment will be increasingly powerful and productive. For this reason, we want to take our cooperation in energy generation to a large scale. In the coming years we can achieve good results in this field, this is one of the objectives of this energy partnership”, he highlighted.

Green energy

Still at the event, the Minister of Mines and Energy reaffirmed to the German partners that the definition of “green” energy includes the diversity of clean energy sources that Brazil has and that high standards of energy sustainability will be maintained.

“We are interested in engaging German actors in promoting the production and use of low-carbon hydrogen, including green hydrogen, and derived products in Brazil,” he concluded.

Mateus Badra
About the Author
Mateus Badra

Journalist graduated from PUC-Campinas. He worked as a producer, reporter and presenter on TV Bandeirantes and Metro Jornal. He has been following the Brazilian electricity sector since 2020.

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