GoVerde Energia plans second e-methanol plant in Brazil to meet shipping demand

Brazilian green energy supplier GoVerde Energia is planning to develop a 300 mt/day e-methanol production plant at the Suape Industrial Port Complex in Brazil’s Pernambuco state.

IMAGE: Aerial view of the Port of Suape in Brazil. UN Trade and Development

E-methanol is produced using 100% biogenic carbon dioxide (CO2) and green hydrogen. The biogenic CO2 is typically sourced from bioenergy with carbon capture and storage (BECCS) or through direct air capture (DAC).

GoVerde Energia has already secured biogenic CO2 supply from regional companies. The green hydrogen will be produced onsite using renewable electricity.

The company has also received a “favorable technical approval for water intake” and completed feasibility studies for grid connections.

Operations are expected to begin between 2027 and 2028, with an initial production capacity of 300 mt/day. The company plans to expand capacity to 900 mt/day by 2032.

This is the company’s second proposed e-methanol plant. The first one is proposed in Brazil’s Bahia district, with a portion of that plant's capacity earmarked for the shipping sector.   

“The project in Pernambuco is similar to the one in Bahia in terms of timeline and production capacity. However, we consider the Suape project to be the most advanced in terms of development stage,” Leandro Guerrero, director of development at GoVerde Energia told ENGINE.

The Port of Suape is one of the largest in northern and northeastern Brazil. The e-methanol produced at the site will also be supplied to the shipping industry among other sectors, the company confirmed.

GoVerde Energia has signed a preliminary offtake agreement with a global bunker fuel trader to export the fuel to international markets, similar to the arrangement in its Bahia project.

By Konica Bhatt

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