World Bank approves $134 million for green hydrogen hub in Brazil
The World Bank has approved a $134 million operation to support the green hydrogen strategy of the Pecém Industrial and Port Complex Company (CIPP) and the Government of Ceará. Located in Northeastern Brazil, CIPP is one of the country’s most advanced logistics and industrial zones and is emerging as a key site for green hydrogen development. The financial package is structured under the World Bank’s Investment Project Financing instrument. It includes a $90 million loan…