According to Recharge, the first phase of the project, which should ensure a capacity of some 60 MW, required a 120 million USD investment from the company.

The first phase will be able to output as much as 10.000 tons of green hydrogen and up to 60.000 tons of green ammonia per year, with the production expected to start before the end of 2023.

The second phase of the project, which could enter operation from 2025, is set to quadruple the capacity of both hydrogen and ammonia.

Unigel officials said that "the products will be offered to customers who aim to decarbonize their production chains, eg, the steel industry, oil refining, and e-fuels. Green ammonia will also be used in the value chain of Unigel, as it is a raw material in the manufacturing of fertilizers and acrylics."

Company representatives also say that "around three quarters of the energy used in electrolysis of the project comes from renewable sources."

Unigel signed a 190 million USD agreement with Casa dos Ventos for 360MW of wind energy to support its green energy commitments.

Unigel CEO Roberto Noronha Santos said that "given the potential of Brazil in the generation of wind and solar energy, we believe that the country has a great opportunity to be a reference for the world in green hydrogen, a solution that brings versatility to transform renewable energy into raw materials and zero carbon fuels."