Australian firm Enegix Energy has unveiled the Base One green hydrogen project in cooperation with the State Government of Ceará, with an investment of US$5.4 billion. Under the terms of the MoU signed, Enegix will set up the world’s largest green hydrogen plant that will produce over 600 million kg of green hydrogen per year from already contracted 3.4GW of combined baseload wind and solar power through a partnership with Enerwind.
Base One will be established in the state of Ceará, northeast of Brazil and will provide a strategic location for Enegix’s renewable hydrogen production with direct access to all major international markets via ocean freight. 500 ha of commercial land has been scoped in the Port of Pecém, a world-class deepsea port with established infrastructure and access to the required quantities of water – to enable the electrolysis process to separate hydrogen and oxygen elements.
Enegix’s planned next-generation facility will be run completely using renewable energy with zero emissions and will harness the great renewable energy potential that Ceará has available with solar and onshore and offshore wind to be realised allowing Base One to be expanded to over 100GW to meet global demand.
Enegix’s Base One facility will create thousands of jobs during the construction phase and will allow for the employment of hundreds of full-time operational staff to manage the facility, with far-reaching, positive social benefits to the local community and the state. The planned next-generation facility will be run completely using renewable energy with zero emissions.
Currently, humans emit 50 billion tonnes of CO2e annually into the atmosphere, a staggering figure that is up 40 per cent since 1990. Base One has the potential to reduce annual CO2e emissions by 10 million tonnes/year and would become the single largest carbon emission reduction project in the world.
The project is expected to take 3-4 years to build. Enegix has signed a MoU with a leading international engineering firm and technical consultant to undertake a feasibility study, and will soon start the process of obtaining environmental and social licenses. Currently, Enegix is seeking partnerships with investors and is running an open capital round.
Enegix Energy is registered in Singapore and Australia and is currently relocating its corporate head office to Switzerland.