Partnership between Vale and Green Energy Park in Brazil receives Global Gateway flagship status by the European Union
17.3.2025 09:00:00 CET | ACCESS Newswire | Press release
Companies seek to enable the construction of a green hydrogen plant to supply a Mega Hub in Brazil for the manufacture of low carbon products to the steel making industry
RIO DE JANEIRO, BRAZIL / ACCESS Newswire / March 17, 2025 / 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."
The project represents a major milestone in deepening cooperation between Europe and Brazil and advancing energy transition. Under Lithuania's initiative, it was proposed and approved as one of the EU's Global Gateway flagship projects.
"The European Global Gateway strategy and its flagship projects drive high-quality infrastructure investments that strengthen global connectivity while aligning with EU priorities. It also creates valuable opportunities for Lithuanian and other European businesses to contribute to sustainable development as well as resilient and trusted supply chains across the globe," said Kęstutis Budrys, minister of Foreign Affairs of the Republic of Lithuania.
The initiative was also endorsed by the President of the European Commission, Ursula von der Leyen, and received significant political support as further explained by Marian Schuegraf, ambassador to the Delegation of the European Union in Brazil. "European and Brazilian businesses such as Green Energy Park and Vale lead the development of decarbonization solutions in Brazil. Supporting such initiatives, connecting and strengthening value chains on both sides of the Atlantic and to mutual benefit, is a priority for the EU under the Global Gateway Investment Agenda", said Ms. Schuegraf.
For Bart Biebuyck, CEO of Green Energy Park, it is the perfect example of an initiative that fully meets the objectives of the Global Gateway: "The Global Gateway is a tool that helps finance the kind of cooperation where there is a win-win situation for Europe and partner countries like Brazil. And this is exactly the case with our project".
Announced in October 2024, the partnership between Vale and GEP is developing feasibility studies for the installation of a green hydrogen production unit in Brazil. The aim is for this unit to supply a future Mega Hub - an industrial complex designed to manufacture low-carbon steel products - in the country.
The Vale-GEP project had already been included in the Brazil Platform for Climate Investments and Ecological Transformation (BIP), announced by the Brazilian Government and partners last year, the aim of which is to promote investments in ecological transformation to decarbonize the economy. Therefore, the project's relevance has been recognized both in Brazil and in Europe.
Vale has been actively seeking partners to enable the construction of Mega Hubs in Brazil. In these industrial complexes, Vale will supply iron ore agglomerates (pellets or briquettes), which will serve as an input for the manufacture of hot-briquetted iron (HBI), an intermediate product between iron ore and steel.
About the "Brazil North-East Green Energy Parks and Green Shipping Corridors"
This initiative represents several projects by Green Energy Park in the North-East of Brazil, whereby the partnership with Vale stands out as a unique example for the great economic potential of integrating the hydrogen value chain on both sides of the Atlantic. The project leverages Brazil's natural competitive advantages in renewable hydrogen together with Vale's high-quality iron ore supply in the country. Producing green HBI in Brazil is set to supply European markets for green steel delivered via decarbonized shipping corridors to various ports in Europe.
About Vale
Vale is a global mining company that exists to improve lives and transform the future together. One of the world's largest producers of iron ore and nickel and a major copper producer, Vale is headquartered in Brazil and operates around the world. Its operations comprise integrated logistics systems, including approximately 2,000 kilometres of railways, marine terminals and 10 ports distributed around the globe. Vale has the ambition to be recognized by society as a benchmark in safety, the best-in-class reliable operator, a talent-driven organization, a leader in sustainable mining, and a benchmark in creating and sharing value.
About Green Energy Park
Green Energy Park is an integrated hydrogen company, implementing one of the largest climate impact undertakings in the world. The company's objective is to design, build, and operate hydrogen production infrastructure with ammonia and methanol the long-distance renewable energy carriers of choice. As a molecule's specialist, and to achieve cost leadership, GEP implements leading hydrogen technologies on its standardized production platform at the gigawatts scale. Green Energy Park's mission is to accelerate the energy transition and make the hydrogen economy a reality.
Media contacts:
Daniel Kaz
Vale, Media Relations Office
daniel.kaz@vale.com
Tel: +55 21 98901-3301
Loreta Pacipaviciute
GEP, Media Relations Office
media@gep-global.com
Tel: +370 611 22250
Mario Reinisch, CFO
GEP, Investor Relations
mario@gep-global.com
Tel: +39 349 3314908
SOURCE: Green Energy Park
View the original press release on ACCESS Newswire
Green Energy Park
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
RE Royalties Announces Third Investment in Solaris Energy's Portfolio and Letter of Intent for Expanded Royalty Partnership for a Further US$62.7 Million5.8.2026 12:00:00 CEST | Press release
All amounts in US dollars unless otherwise stated. VANCOUVER, BC / ACCESS Newswire / August 5, 2026 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF)(FSE:Y2V) ("RE Royalties" or the "Company") is pleased to announce a further investment of US$1 million toward the purchase of royalties on a portfolio of Solaris Energy Inc.'s ("Solaris") distributed generation ("DG") solar projects located throughout the United States. The Company also announced that it has entered into a non-binding Letter of Intent ("LOI") of up to US$67.5 million with Solaris to pursue an expanded royalty funding partnership across Solaris' current and future project pipeline. This third tranche payment brings RE Royalties' total investment in royalties over Solaris' portfolio to US$4.8 million. The Company previously funded US$3 million, as announced on January 7, 2026, followed by US$800,000 as announced on February 9, 2026. Solaris' Portfolio consists of 16 distributed generation solar projects totaling approximately 15.2
Kleen Hy-Dro-Gen Inc. Is Pleased to Announce Dual ISO 9001:2015 and TSSA Certifications, Bolstering Operational Quality and Technical Safety Governance5.8.2026 02:10:00 CEST | Press release
Key regulatory and quality management accreditations position the CSE-listed clean energy technology provider for accelerated commercialization and potential major enterprise contracts to manufacture and sell, residential and commercial, Zero Emissions Heating Systems using Hydrogen as a heat energy source. TORONTO, ON / ACCESS Newswire / August 4, 2026 / Kleen-Hy-Dro-Gen Inc. (the "Company") (CSE:KLN) is pleased to announce that it has officially achieved both ISO 9001:2015 Quality Management System certification and regulatory Technical Standards and Safety Authority ("TSSA") certification for its flagship product KLEEN HEAT On-Demand Hydrogen Heating System. These dual accreditations mark a major operational milestone for the Company, establishing independent third-party verification of the Company's quality assurance framework, engineering standards, and regulatory safety compliance across its Kleen Heat technology, advancing the Company's goal of safely utilizing the system in Zer
Innodata Releases the First Stage of Its AI Cyber Training Suite to Enable AI Coding Agents to Write - and Repair - Secure Code4.8.2026 14:30:00 CEST | Press release
Twelve datasets and evaluation systems, built by hand from thousands of real-world security flaws, give model builders and enterprises a proven way to keep AI-generated code from introducing vulnerabilities. NEW YORK, NY / ACCESS Newswire / August 4, 2026 / INNODATA INC. (Nasdaq:INOD) today released the first stage of its AI Cyber Training Suite - twelve datasets and evaluation systems that train AI coding agents to write code that avoids known security flaws, to avoid introducing new ones, and to patch existing vulnerabilities in the software companies already run. The suite addresses what has become a central barrier to trusting AI-written code: the risk that an agent, while adding a feature or modernizing a legacy system, quietly opens a security hole. The AI Cyber Training Suite works across the stack of coding agents - the models, the harnesses, and the tools - to help ensure the code they produce is not just functional, but secure. It is available to model builders and enterprise
Ore Energy Raises $43 Million to Unlock Renewable Baseload Power for the AI Era4.8.2026 09:00:00 CEST | Press release
Ore Energy is building a fully European-manufactured battery to solve one of the biggest bottlenecks in the energy transition: multi-day storage Europe already wastes an estimated 72 TWh of renewable energy due to grid bottlenecks, equivalent to Austria's annual electricity demand, with losses projected to rise to as much as 410 TWh annually by 2040, according to the European Commission's Joint Research Centre Its iron-air batteries store power for 100 hours at 10x lower cost per unit of energy capacity than lithium-ion, without the need for critical raw minerals like lithium or cobalt AMSTERDAM, NL AND DELFT, NL / ACCESS Newswire / August 4, 2026 / As demand for electricity from AI, manufacturing, and the energy transition accelerates worldwide, Ore Energy has raised $43 million in Series A funding from Plural and HV to scale its iron-air battery technology. Ore's batteries, designed to store renewable electricity for up to 100 hours, can solve one of the biggest barriers to the energ
Clean Air Metals and Fiore-Backed Springbok Ventures Announce Strategic Business Combination1.8.2026 01:15:00 CEST | Press release
Strategic Transaction to Position Thunder Bay North for Development, Strengthen Capital Markets Profile and Create a New Critical Minerals Growth Platform Not for distribution to United States newswire services or for dissemination in the United States. Highlights A strategic business combination with Springbok Ventures, a Fiore Group-backed company focused on critical minerals in Ontario Creation of a growth-oriented critical minerals platform focused on domestic critical minerals in Canada with the ability to pursue future acquisitions and strategic opportunities Minimum C$5 million concurrent financing of subscription receipts Partnership with the Fiore Group, one of Canada's leading mining groups Continued advancement of the Thunder Bay North Critical Minerals Project Addition of the Maude Lake Property in Ontario as an exploration asset THUNDER BAY, ON / ACCESS Newswire / July 31, 2026 / Clean Air Metals Inc. ("Clean Air Metals") (TSXV:AIR)(FRA:CKU)(OTCQB:CLRMF), 1602037 B.C. Ltd.
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom