H2LAC 2025 Market News - Page 2 of 4

EIB supports Barbados groundbreaking green hydrogen project
March 13, 2025
The European Investment Bank (EIB) is backing the Renewstable Barbados (RSB) project, which integrates solar power with green hydrogen storage to reduce the island’s reliance on imported fossil fuels by 50%. Developed by HDF and Rubis SCA, the project will establish Barbados’ first green hydrogen storage project and is supported by IFC, IDB Invest, and […]
EU, HDF, and Barbados launch green hydrogen-solar project for stable clean energy
February 28, 2025
The EU, Barbados, and HDF Energy have launched the Renewstable Barbados project, a green hydrogen storage initiative integrating solar power to ensure a stable and clean electricity supply. By combining intermittent solar generation with on-site hydrogen storage, the project addresses Barbados’ energy challenges and enhances grid resilience. Source: EC Europa
Aslan Energy Capital develops solar powered green hydrogen project in Mexico
February 28, 2025
Aslan Energy Capital is developing the Aslan Net-Zero Energy Mexico Project, a solar-powered green hydrogen and ammonia facility in Sonora, Mexico, set for completion by 2028. The project will produce carbon-free hydrogen and ammonia, which will be transported to California-based CalYan XGH for distribution and infrastructure development. Source: Energy Tech
Vale and GreenIron partner to advance decarbonization in mining and metals
January 23, 2025
Vale and GreenIron have signed an MOU to advance decarbonization in the mining and metals supply chain. The partnership includes a feasibility study for a direct reduction facility in Brazil using GreenIron’s green hydrogen-compatible technology. Source: Vale
AES Andes submits environmental impact study for US$10 billion green hydrogen project in Chile
January 9, 2025
AES Andes has submitted an environmental impact study (EIS) for its US$10 billion Inna green hydrogen and ammonia project in Chile, located near mining sites and port facilities in Antofagasta. The early-stage project plans to include three solar farms, three wind farms, a battery energy storage system, power infrastructure, hydrogen and ammonia production facilities, a […]
KfW provides US$103 million loan for green hydrogen projects in Chile
January 9, 2025
The German development bank KfW will provide a US$103 million loan as part of a US$1.03 billion financing platform to support green hydrogen projects in Chile. This agreement, made with the Republic of Chile and the economic development agency CORFO, is part of the European Global Gateway Renewable Hydrogen Funding platform, which also includes contributions […]
YamnaCo secures land agreement for green ammonia project at Port of Açu
January 9, 2025
YamnaCo has secured a land reservation agreement with the Port of Açu for a major green ammonia project in Brazil, which aims to produce up to one million tonnes of green ammonia per year. Located in the Port of Açu’s industrial complex, the project will require 1.8GW of electrolysers and is a key step in […]
Chile unveils first locally manufactured hydrogen bus
December 19, 2024
Chile has unveiled its first hydrogen-powered bus, developed through a public-private collaboration led by Corfo, Colbún, Anglo American, and Reborn Electric Motors. The 8.5-meter bus, with a range of up to 600 km, will begin testing in 2025. It is designed for both urban and rural environments and is intended for use in public transport, […]
Chile, EU, and OLADE launch initiative to strengthen Latin America’s capacity for hydrogen certification and export
December 6, 2024
The Chilean government, the European Union, and OLADE have launched a project aimed at strengthening Latin America’s capacity to meet international standards for certifying low- or zero-emission hydrogen and its derivatives for export. This initiative focuses on boosting the clean energy market in the region by identifying regulatory requirements and standards through workshops and technical […]