The European Commission, EIB, KfW, CORFO, and Chile’s Ministry of Energy have launched the Team Europe Renewable Hydrogen Funding Platform to support Chile’s renewable hydrogen sector. Under this initiative, the EIB and KfW will each provide up to US$216 million (approximately US$432 million combined), with CORFO managing the disbursement of funds to eligible hydrogen projects. Additionally, the EU’s Latin America and Caribbean Investment Facility (LACIF) will contribute a grant of around US$17.8 million.
