Thyssenkrupp Nucera, Unigel to ramp up capacity of green hydrogen

Kitco Media
By Reuters
Published:
Updated:
Reuters
FRANKFURT, March 13 (Reuters) - German hydrogen firm Thyssenkrupp Nucera has signed a memorandum of understanding with Brazilian chemicals maker Unigel to ramp up the capacity of a planned green hydrogen plant to 240 megawatt (MW) from 60 MW. The signing of the agreement took place during German Economy Minister Robert Habeck's visit to Brazil and highlights efforts by Germany to build and export state-of-the-art hydrogen technology in anticipation of a global boom. Unigel in January said it would invest up to $1.5 billion in its complex in the state of Bahia to produce so-called green hydrogen, the first in the country to do so on an industrial scale. (Reporting by Christoph Steitz, Editing by Rachel More)

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