Brazil’s Eletrobras signs green hydrogen memorandum of understanding with Maranhão state

Brazilian electricity distributor Centrais Eletricas Brasileiras SA (BVMF:ELET6) has signed a memorandum of understanding (MoU) with the Maranhão state government for the production of green hydrogen.

Specifically, the agreement envisages mutual cooperation in the development of renewable energy, green hydrogen and their derivatives, the parties announced on Tuesday.

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Eletrobras CEO Ivan Monteiro said the company will provide the necessary green energy through its hydroelectric power plants (HPP) and transmission lines to enable all parties to achieve energy transition goals.

No further details of the project were revealed.

This new MOU follows the one signed in March between Eletrobras and engineering consultant Paul Wurth do Brasil, which includes the construction and operation of a 10-MW green hydrogen and oxygen production plant.

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