E-Fuels company HIF Global announced its first project in Brazil, after signing a land reservation contract with Port of Açu, one of Brazil’s main ports, to develop a facility to produce up to 800,000 tons per year of e-methanol.

The port will provide support in several aspects related to HIF’ s project development.

HIF Global is seeking e-Fuels development sites worldwide that have the optimal combination of conditions, including access to low-cost renewable energy, abundance of CO₂ sources, stable legal frameworks, favorable market conditions, and well developed port facilities.

The Port of Açu, located in the state of Rio de Janeiro, has obtained the preliminary environmental license for the development of a hydrogen and derivatives hub. The port complex stands out as an important logistics and industrial center and is now positioning itself as a player in the renewable energy sector.

The HIF project is expected to attract new investment and boost the local economy.

e-Fuels are made using electrolyzers powered by renewable energy to produce hydrogen which is combined with recycled carbon dioxide to produce carbon neutral e-Fuels, such as e-Methanol, which can be used as a shipping fuel or converted into other e-Fuels including e-Gasoline for cars, e-SAF for planes, and e-Diesel for trucks.

e-Fuels are chemically equivalent to fuels used today and can therefore be dropped-in to existing engines without requiring modifications.

Located in the northern region of Rio de Janeiro, the Port of Açu is the largest private deep-water portindustry complex in Latin America. In operation since 2014, it is managed by Porto do Açu Operações, a partnership between Prumo Logística, controlled by EIG, and the Port of Antwerp-Bruges International.