Green Energy Park and the State of Piauí, Brazil, on Oct. 11announced the signing of a Letter of Intent (LOI) for the production and export of an initial 1 million mt/y of ammonia from renewable energy sources.
The parties noted the state’s potential for producing solar and wind energy. Green Energy Park has chosen Piauí as the first of a minimum of eight gigawatt upstream facilities to supply its global distribution network, with an initial focus on European end markets.
The parties will perform a feasibility study for exporting renewable energy via ammonia from Piauí, to various locations around the world, targeting the production and export of around 5 million mt/y.
Export destinations include Europe, with a focus on supplying Green Energy Park Krk, a purpose-built ammonia midstream facility at the North Adriatic Sea on the Croatian island of Krk. Green Energy Park Krk has a total capacity of 10 million mt of ammonia import, storage, and distribution per year.