Beijing, China and São Paulo, Brazil – September 23, 2024 – Agastyah2, a leading global manufacturer of alkaline electrolyzers, is announcing a strategic expansion into the Brazilian market by entering into a Channel Partnership Agreement with GH2 Global, a key hydrogen solutions platform provider. This collaboration will drive the adoption and application of Agastyah2’s state-of-the-art electrolyzer technology throughout Brazil.
This partnership leverages the strengths of Agastyah2’s advanced hydrogen production solutions and GH2’s deep understanding of the Brazilian energy landscape. The combined expertise of both companies will contribute to sustainable energy development in Brazil, aligning with the global shift towards green hydrogen as a key component of the energy transition.
The agreement encompasses several core initiatives, including:
Distribution of Alkaline Electrolyzers: GH2 will serve as the channel partner for Agastyah2’s electrolyzer products in Brazil, providing access to key industrial sectors looking to adopt hydrogen as part of their energy strategy.
Project Development and Implementation: Agastyah2 and GH2 will collaborate on green hydrogen projects, focusing on decarbonizing industries such as steel, ammonia, methanol production, hydrogen injection, and sustainable aviation fuels (SAF). Additionally, the partnership will prioritize the development of electrolysis production for end-use applications of hydrogen in mobility, transportation, backup energy storage, energy vector solutions, and chemical processing in industrial sectors.
Capacity Building and Innovation: Hygreen will work closely with GH2 to ensure that Brazilian developers and EPCs (engineering, procurement, and construction firms) have access to top tier technology and service support, fostering innovation and localized hydrogen solutions.
Bias Augusto Daré Júnior, Director of GH2, remarked on the significance of this partnership: “This collaboration is a game-changer for the Brazilian hydrogen economy. By working with Agastyah2, we’re bringing the best hydrogen technology to Brazil’s growing market. This will allow us to help key industrial sectors transition to a more sustainable energy future, while creating value for our customers and partners.”
Strengthening Brazil’s Green Hydrogen Market
Brazil has been actively advancing its hydrogen economy, recently enacting a legal framework to regulate and incentivize green hydrogen production and use. With the support of this new legislation, Agastyah2 and GH2 are poised to make substantial contributions to the country’s decarbonization efforts. Through this partnership, Brazil will benefit from both companies’ expertise, ensuring sustainable energy development that reduces reliance on fossil fuels and enables energy independence for sectors such as agriculture, logistics, and industrial processes.
A Unified Approach to Market Leadership
Agastyah2 and GH2’s partnership extends beyond technology provision; it includes the strategic development of Brazil’s entire hydrogen ecosystem. GH2 will not only provide local market insights and operational support but will also be directly involved in developing and implementing projects designed to maximize the efficiency and scalability of hydrogen production in Brazil.
Benny Wang, CEO of Agastyah2, commented: “Agastyah2’s partnership with GH2 will combine our proven and competitive electrolyzer solutions with GH2’s local market expertise in Brazil. Together, we will provide scalable hydrogen production solutions that are tailored to the unique demands across the growing Brazilian market.”
