In a meeting with Governor Elmano de Freitas, executives from FRV, part of the Jameel Energy group, announced their ambitious green hydrogen (H2V) production project in the Pecém Industrial and Port Complex (CIPP).
Named H2 Cumbuco, the project focuses on producing green ammonia for export, targeting European and Asian markets.
FRV’s project involves a significant investment of approximately 27 billion reais (5 billion dollars) and is expected to generate around 1,500 jobs during construction and over 200 during its operation.
The project will unfold in two phases with a total production capacity of 2 GW.
The first phase will involve the installation of 500 MW of electrolysers, aimed at producing 400,000 tons of ammonia annually, with an investment of 7 billion reais.
The second phase will expand the capacity by adding 1.5 GW of electrolysers, increasing production by 1.2 million tons to a total of 1.6 million tons per year. This phase will require an additional 20 billion reais investment.
Manuel Pavon, General Director of FRV South America, outlined the project’s timeline: “Construction is expected to begin in 2027 and will take between two and three years. Operations should commence around 2029 or 2030.”
Pavon also highlighted the strategic advantage of the Port of Pecém ’s location in relation to the US and Europe.
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