The world of renewable energy is witnessing a significant shift, driven by the increasing need to reduce carbon emissions and mitigate the effects of climate change. In this context, a partnership between Fotowatio Renewable Ventures (FRV) and Envision Energy has been announced, with the aim of developing a green ammonia project in Brazil.
This collaboration will see Envision bringing its expertise in integrated renewable energy solutions to the H2 Cumbuco project, a landmark green ammonia project located in Brazil’s Pecém Port. The project will utilize FRV’s extensive experience in clean energy solutions, including 3 GW of operational renewable and storage assets.
- Key aspects of the partnership include:
- Envision’s globally recognized expertise in integrated renewable energy solutions, including electrolysis facilities and green hydrogen production.
- FRV’s extensive experience in clean energy solutions, including 3 GW of operational renewable and storage assets.
The partnership will result in the development of an electrolysis facility of up to 500MW and an integrated ammonia plant, which is expected to be operational by 2030. The project will target key markets in Brazil, Europe, and Asia.
“…this collaboration is more than a step towards decarbonization; it is a blueprint for how global energy transition can be operationalized. Together with FRV, we are reshaping the entire renewable energy system and advancing Brazil’s green energy infrastructure.” — Henry Peng, Senior Vice President and President of Latin America and the European Region.
FRV (Fotowatio Renewable Ventures) is a leading developer of sustainable energy solutions with a deep commitment to accelerating the energy transition. With a strong presence across key international markets, including Europe, Australia, Middle East, and Latin America, FRV continues to drive innovation and sustainability in the renewable energy sector.
- FRV’s expertise in renewable energy solutions includes:
- Developing and operating renewable energy projects, including solar and wind power.
- Providing energy storage solutions, including batteries and hydrogen fuel cells.
- Developing and implementing sustainable energy policies and regulations.
FRV has also been actively engaged in the development of renewable hydrogen projects. In Spain, the company has secured public funding for two green hydrogen-related initiatives.
| Brazil | Europe | Asia |
| Land availability | Access to EU green financing | Access to Asian green financing |
This partnership comes as Brazil, host of COP30 this year, develops a competitive low carbon economy with a focus on green hydrogen and green ammonia production not just for its domestic market, but for export to other parts of the world. “At FRV, we firmly believe that the development of renewable hydrogen and its derivatives is a fundamental pillar in advancing global decarbonization. We see Brazil as a country with the potential to become a global leader in this sector, thanks to its strategic geographic position, strong commitment to the energy transition, and broad public support. We are excited about the potential that this alliance with Envision can bring to the H2 Cumbuco project, in order to provide clean, competitive, and sustainable energy solutions while supporting Brazil’s economic and environmental development,” stated Felipe Hernández, Chief Innovation Officer of FRV. The project is in advanced development in areas such as engineering and environmental permitting, and has secured key resources, including land and water rights.