Enegix Energy Pte Ltd (an Australian start-up company), which signed a memorandum of understanding with the State Government of Ceará to build a US$ 5.4 billion hydrogen production base in February, has revealed more information about the project. H2 Bulletin, which broke the news last month about the deal, has now learned through the company statement announced today (1st March) that the project will produce 600k tonnes of green hydrogen annually.
The project is expected to take up to four years to build. Five hundred hectares of commercial land has been scoped in the Port of Pecém for a potential location for the electrolysis process. Enegix plans that the project Base One would be expanded further to over 100 GW to meet the global demand in the future. Enegix said that the 3.4 GW of combined baseload wind and solar power through a partnership with Enerwind has already been in place.
However, it is unknown would a new wind capacity be built for this project as the Enerwind website shows that it has a total of 885 MW capacity installed across a few states.
Wesley Cooke, Founder and Chief Executive Officer, said, “Our partnership with the Ceará State Government is a major milestone for the company.”
He further added, “Base One will turn Ceará into a major hydrogen export location and establish Enegix as a global renewable power producer aligning with our vision and strategy to replace expensive, high emission power grids with renewable, baseload, and cost-effective zero-carbon grids.”
Enegix said to have signed an MoU with Black & Veatch, an international engineering firm and technical consultant to undertake a feasibility study. The scope of works includes technical design, supplier and technology selection, planning of execution, project time schedule, risk assessment, logistics strategy, and procurement strategy.
It will soon start the process of obtaining environmental and social licenses. It is currently seeking partnerships with investors.