A project by Vale and Green Energy Park (GEP) has been selected by the European Commission and the 27 Member States as one of the flagship projects of the European Union’s Global Gateway Program in the Climate and Energy category. The project seeks to enable the construction of a green hydrogen unit to supply the future development of a Mega Hub in Brazil and is part of the “Brazil North-East Green Energy Parks and Green Shipping Corridors” initiative.

The Global Gateway is a European Union initiative that aims to commit up to €300 billion in global investments between 2021 and 2027. The focus is on sustainable, high-quality investment projects in sectors such as digital, climate and energy, transport, health, education and research. These projects aim to strengthen strategic partnerships and promote the integration of EU value chains with strategic partner countries.

“By including the Vale-GEP project in its list of priorities, the European Union recognizes the importance of this initiative for the development of the green hydrogen chain and the decarbonization of the global steel industry,” said Rogério Nogueira, Vale’s Executive Vice President for Commercial and Development. “We have gained another boost to attract other partners to support us in making this project viable, which we consider fundamental for Brazil’s low-carbon economy.”