Government of São Paulo invests R$ 20 million in IPT's hydrogen project
Type: Investment · Technology: Hydrogen · Country: Brazil · Announced: 2026-06-23
The Government of the State of São Paulo invested R$ 20 million in the hydrogen project developed by the Instituto de Pesquisas Tecnológicas (IPT). This investment supports the development of clean energy technologies, sustainable mobility, and industrial decarbonization. The IPT is actively working on optimizing production processes and developing solutions to reduce costs and enhance the competitiveness of hydrogen technology. The institute's efforts span the entire hydrogen technological chain, including research, production, storage, distribution, and applications in mobility and industry. This funding aims to expand the scale of hydrogen production and integrate it into Brazil's energy matrix and mobility sector.
Counterparties
- Governo do Estado de São Paulo (Investor)
- Instituto de Pesquisas Tecnológicas (IPT) (Developer)