Green Energy Park (GEP), a prominent project developer, has unveiled ambitious plans to establish a renewable ammonia facility in Piauí, Brazil, with the objective of exporting this eco-friendly ammonia to a proposed import terminal located on the island of Krk in Croatia. This strategic move reflects a significant step toward advancing sustainable energy solutions on a global scale. The project's pivotal moment came when GEP signed a letter of intent (LOI) with The State of Piauí, Brazil, signifying their commitment to producing and exporting an initial 1 million tons of ammonia generated from renewable energy sources.

The LOI, marking this groundbreaking collaboration, was officially signed on October 11, 2023, at the esteemed World Hydrogen Congress held in Rotterdam. This agreement embodies a significant stride in the pursuit of environmentally conscious ammonia production and trade.

GEP envisions the construction of an initial 5-gigawatt (GW) ammonia production and export facility in Piauí, Brazil. This facility will be instrumental in supplying GEP's expansive global distribution network, with an initial emphasis on European end markets. According to Green Energy Park, this Piauí-based facility represents the inaugural installation among a series of at least eight giga-watt scale upstream facilities, signifying their commitment to a large-scale and sustainable approach to ammonia production.

The primary objective of these renewable ammonia facilities is to export ammonia to Green Energy Park Krk, a purpose-built ammonia midstream facility situated along the North Adriatic Sea. The announcement of Green Energy Park Krk was made in September of the same year and demonstrated significant progress toward advancing sustainable ammonia import, storage, and distribution. The facility is designed with a remarkable total capacity of 10 million tons of ammonia annually and is equipped with essential features such as a deep-water seaport, terminal facilities, storage assets, and a solar energy park.

The development program for this project will be carried out in multiple stages, starting with ammonia trading through on-site bunker vessels. This phase will serve as a practical storage hub as the project advances toward the completion of the first 100,000 m³ purpose-built ammonia storage tank, which is expected to be achieved by mid-2027.

Upon its full realization, Green Energy Park Krk will possess the capacity to supply vital industrial regions in Northern Italy, Southern Germany, and surrounding areas with approximately 1.8 million tons of hydrogen per year. This significant output represents nearly 18% of the European Union's official import target of 10 million tons of hydrogen by 2030. Such an accomplishment underscores the critical role of Green Energy Park in shaping a more sustainable and environmentally responsible future, as it not only meets but exceeds established benchmarks for hydrogen production and import within the European Union. This groundbreaking project is a testament to the potential for innovative, eco-conscious solutions in the global energy landscape. It underscores the importance of concerted efforts to reduce carbon emissions and promote sustainable energy alternatives on a large scale.