H2LAC 2025 Market News - Page 2 of 5

The European Commission, EIB, KfW, CORFO, and Chile’s Ministry of Energy launch a US$450 million initiative to support Chile’s green hydrogen development
April 10, 2025
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. […]
Chile allocates US$25.6 million to support three green hydrogen electrolyzer factories
March 27, 2025
CORFO has awarded US$25.6 million to support the development of three electrolyzer manufacturing facilities for the green hydrogen industry. The projects are led by consortiums from Chile, Spain, and China and are expected to generate over US$50 million in total investment and create more than 1,000 direct and indirect jobs. Source: PV Magazine LATAM
EU selects Vale and GEP’s Brazil green hydrogen hub as flagship climate initiative
March 27, 2025
A green hydrogen project by Vale and Green Energy Park (GEP) has been selected as a flagship initiative under the European Union’s Global Gateway Program in the Climate and Energy category. The project aims to build a green hydrogen unit supporting a future Mega Hub in Brazil as part of the “Brazil North-East Green Energy […]
Peru approves US$11.2 billion green hydrogen megaproject
March 13, 2025
Peru’s Ministry of Production has approved the Detailed Environmental Impact Study for the Horizonte de Verano Green Hydrogen Production Plant in Arequipa. The US$11.2 billion project will include a water desalination plant and a solar PV facility with a capacity of up to 5.85 GWp. Once fully operational in five years, it is expected to […]
ATOME secures up to $115 million in financing from Hy24’s Clean H2 Infra Fund for Paraguay’s Villeta green fertilizer project
March 13, 2025
ATOME, a leading developer of international green fertilizer projects, has signed non-binding Heads of Terms with Hy24’s Clean H2 Infra Fund for an investment of up to US$115 million in its Villeta project in Paraguay. The Clean H2 Infra Fund will serve as the anchor and lead equity investor for the 260,000-ton-per-year green fertilizer project. […]
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