The investment in R&D for hydrogen and fuel cells in Brazil is projected to increase steadily from 2024 to 2028. In 2023, the actual expenditure stood at approximately 18.5 million US Dollars PPP 2020. From 2024 to 2028, the average annual growth rate is anticipated at around 5.2%, reflecting a growing priority towards renewable energy solutions and a broader transition towards sustainable technologies in Brazil. Year-on-year increases range from approximately 7.7% to 3.3% throughout the forecast period.
Future trends to watch for include potential government policy shifts towards hydrogen infrastructure development, advancements in fuel cell technologies, and partnerships with international leaders in green technologies, all of which could further accelerate investment and innovation in this sector.
