H2LAC Market News - Page 15 of 29

Colombia establishes new rules for the development of the hydrogen market and a permitting process for geothermal exploration and exploitation
July 27, 2022
Colombia’s Ministry of Mines and Energy established new rules that provide a framework for the development of the hydrogen market and established a permitting process and requirements for requesting geothermal exploration and exploitation permits. They also created a geothermal registry to record geothermal exploration and exploitation permits. Source: ThinkGeoEnergy
Unigel builds the first industrial scale green hydrogen plant in Brazil
July 27, 2022
Unigel, one of the largest chemical companies in Latin America and the largest manufacturer of nitrogen fertilizers in Brazil, installed the first industrial scale green hydrogen plant in Brazil. The project’s development cost a total of US$120 million. Source: Global Energy Infrastructure
The Government of Ceara signed an MoU with Enel to assess the potential for development of 400 MW of green hydrogen
July 27, 2022
The Brazilian state of Ceara signed an MoU with Enel Energy Brazil to assess the potential for the development of 400 MW green hydrogen projects in the region. If feasible, Enel’s project would form part of Ceara’s green hydrogen hub. Source: Renewables Now
Guadalajara aims for the largest green hydrogen production plant in the world
July 27, 2022
Guadalajara has set its sights on the largest green hydrogen production plant in the world. The American company, Cummins, has acquired land on the “El Ruiseñor” industrial estate. Cummins will invest US$51 million into the project and will collaborate with Iberdrola on the build. Source: Ideal ES
Colombia’s Ministry of Mines and Energy approves financing for the development of ten blue and green hydrogen projects
July 27, 2022
Colombia’s Ministry of Mines and Energy announced financing for ten approved blue and green hydrogen development projects in the country, an investment that could exceed US$6.5 billion. Source: La Republica
The new administration in Chile will take a more active role in developing green hydrogen
July 13, 2022
The administration of the Chilean President plans to take on a more active role in developing green hydrogen in the country. Source: BNAmericas
According to IRENA three quarters of the world’s green hydrogen will be produced and used locally by 2050
July 13, 2022
According to a new report by IRENA, only one-quarter of the world’s green hydrogen will be internationally traded by 2050, and the rest will be produced and used locally. Source: Recharge News
BNDES announces program to finance pilot projects for the production or use of green hydrogen
July 13, 2022
BNDES announced a new program to finance pilot projects for the production or use of green hydrogen. The maximum amount of funding is around US$17 million, and the bank plans to expand its financing lines to support larger-scale green hydrogen projects soon. Source: EPBR
Green hydrogen is an emerging opportunity for mining operations in Chile
June 29, 2022
Green hydrogen is an emerging opportunity for Chilean mining operations. The potential market for green hydrogen in mining trucks amounts to US$1.6 trillion and fuel demand could represent 30% of total demand, according to the 2050 national mining policy. Source: BN Americas