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FRV Announces Strategic Partnership with Envision, a Leader in Total Renewable Energy Solutions, for H2 Cumbuco Project in Brazil

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FRV Announces Strategic Partnership with Envision, a Leader in Total Renewable Energy Solutions, for H2 Cumbuco Project in Brazil
Business

Business

FRV Announces Strategic Partnership with Envision, a Leader in Total Renewable Energy Solutions, for H2 Cumbuco Project in Brazil

2025-07-31 18:34 Last Updated At:18:55

MADRID, July 31, 2025 /PRNewswire/ -- Fotowatio Renewable Ventures (FRV), part of Jameel Energy, announced today its selection of Envision Energy ("Envision') as its strategic partner in green ammonia project in Brazil. Envision has been selected for its leadership and proven expertise across a total renewable energy system, from renewables through to green hydrogen – all orchestrated by AI technology.

This agreement will see Envision bringing to H2 Cumbuco - a landmark green ammonia project located in Brazil's Pecém Port its globally recognized expertise in integrated renewable energy solution, building on its pioneering scalable clean energy models that are modular and replicable across the world.

The partnership brings together FRV's extensive experience in clean energy solutions —backed by 3 GW of operational renewable and storage assets—and Envision's AI-integrated total renewable energy system to build an electrolysis facility of up to 500MW electrolysis facility and an integrated ammonia plant, which is expected to be operational by 2030 and targeting key markets in Brazil, Europe and Asia.

"This collaboration is more than a step towards decarbonization; it is a blueprint for how global energy transition can be operationalized. Together with FRV, we are reshaping the entire renewable energy system and advancing Brazil's green energy infrastructure." said Henry Peng, Senior Vice President and President of Latin America and the European Region.

Envision recently delivered the world's largest off-grid AI-enabled green hydrogen and ammonia plant and its first green marine ammonia bunkering operation in Dalian, China – proof of its capability to orchestrate complex and total renewable solutions at scale.

FRV (Fotowatio Renewable Ventures) is a leading developer of sustainable energy solutions with a deep commitment to accelerating the energy transition. With a strong presence across key international markets—including Europe, Australia, Middle East, and Latin America—FRV continues to drive innovation and sustainability in the renewable energy sector.

Aligned with this commitment, FRV has also been actively engaged for several years in the development of renewable hydrogen projects. In Spain, the company has secured public funding for two green hydrogen-related initiatives.

In line with this strategy and leveraging on FRV's long presence and commitment in Brazil, FRV has been developing the H2 Cumbuco project in Brazil since 2023. The project is in advanced development in areas such as engineering and environmental permitting, and has secured key resources, including land and water rights.

"At FRV, we firmly believe that the development of renewable hydrogen and its derivatives is a fundamental pillar in advancing global decarbonization. We see Brazil as a country with the potential to become a global leader in this sector, thanks to its strategic geographic position, strong commitment to the energy transition, and broad public support. We are excited about the potential that this alliance with Envision can bring to the H2 Cumbuco project, in order to provide clean, competitive, and sustainable energy solutions while supporting Brazil's economic and environmental development," stated Felipe Hernández, Chief Innovation Officer of FRV.

This partnership comes as Brazil, host of COP30 this year, develops a competitive low carbon economy with a focus on green hydrogen and green ammonia production not just for its domestic market, but for export to other parts of the world.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

FRV Announces Strategic Partnership with Envision, a Leader in Total Renewable Energy Solutions, for H2 Cumbuco Project in Brazil

FRV Announces Strategic Partnership with Envision, a Leader in Total Renewable Energy Solutions, for H2 Cumbuco Project in Brazil

HANOI, Vietnam, Jan. 17, 2026 /PRNewswire/ -- Viettel Group has officially broken ground on the construction of Vietnam's first semiconductor chip fabrication plant. The project is implemented by Viettel as a mission assigned by the Ministry of National Defense, in accordance with a Government Resolution.

For the first time, Vietnam is developing domestic chip fabrication capability, laying a foundation for the goal of gradually mastering core technologies and developing a domestic semiconductor ecosystem.

The plant will be built in the Hoa Lac Hi-Tech Park (Hanoi) on an area of 27 hectares, oriented to become national infrastructure serving research, design, testing, and semiconductor chip production.

Once operational, the plant will be able to serve national industries such as aerospace, telecommunications, IoT, automotive manufacturing, medical devices, and automation, among others.

A complete semiconductor chip product typically goes through six main stages: product definition, system design, detailed design, chip fabrication, packaging and testing, and integration and testing. In recent years, Vietnam has gradually participated in five of these stages; however, chip fabrication—the most complex and critical stage—has not yet been possible domestically. Building a semiconductor chip fabrication plant will help complete and close the entire semiconductor chip production process in Vietnam.

Speaking at the groundbreaking ceremony, Prime Minister of Vietnam Pham Minh Chinh emphasized: "The groundbreaking of Vietnam's first high-tech semiconductor chip fabrication plant is an event of particularly important significance. This is a step toward realizing the national semiconductor industry development strategy, creating a foundation for Vietnam to gradually participate more deeply in the global value chain, based on science, technology, and innovation."

According to the Prime Minister, the plant's presence will contribute to completing the domestic semiconductor ecosystem, enabling chip design companies, technology start-ups, and research institutions to shorten testing cycles, quickly finalize products, and bring technology into practical applications.

The plant is also expected to become a hands-on training center for the semiconductor workforce, linking training with a real production environment. Through this, Vietnam aims to train 50,000 chip design engineers under the Semiconductor Industry Human Resources Development Program through 2030, toward a scale of more than 100,000 people in Vietnam's semiconductor industry under the National Semiconductor Strategy through 2040.

For Viettel, being assigned to lead the implementation of the semiconductor chip fabrication plant continues the Group's core technology development strategy, which it has persistently pursued for many years. Viettel has proactively prepared human resources through in-depth training, international cooperation, and technology transfer, while also accumulating experience from research, design, and the application of chips in technology systems and products.

Lieutenant General Tao Duc Thang, Chairman and CEO of Viettel Group, affirmed: "Immediately after today's groundbreaking ceremony, the Group will begin implementing the project, with the set objective that by the end of 2027 we will complete the construction, receive technology transfer, and begin pilot production. The period from 2028 to 2030 will focus on finalizing and optimizing processes and improving line efficiency in accordance with industry standards, thereby serving as a basis for researching chip fabrication technology at more advanced process nodes."

The project will be implemented during 2026–2030, with a roadmap from plant construction and technology transfer to process completion and improved operational efficiency. In the long term, the Hoa Lac plant is planned to be expandable in scale, providing a foundation for Vietnam to gradually access more advanced semiconductor technologies.

The groundbreaking of the high-tech semiconductor chip fabrication plant marks an important milestone in Vietnam's journey to build technological capability, contributing to realizing the goal of "Technological self-reliance, Sustainable Future."

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Viettel Breaks Ground on Vietnam's First Semiconductor Chip Fabrication Plant

Viettel Breaks Ground on Vietnam's First Semiconductor Chip Fabrication Plant

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