H2LAC 2025 Market News - Page 4 of 7

Chile launches green hydrogen subsidy program in Biobío industrial hub
April 25, 2025
Chile’s development agency Corfo has introduced a new subsidy program to promote green hydrogen use and supply chain development in the industrial region of Biobío. The initiative will fund up to 60% of project costs, capped at US$5 million per project. Aimed at sectors like steel, petrochemicals, and refining, selected projects must be completed within […]
Colombia unveils US$45 billion green hydrogen plan with ambitious 2030 targets
April 10, 2025
Colombia plans to develop a green hydrogen pipeline with potential investments of up to US$45 billion, as part of its national hydrogen roadmap. By 2030, the country aims to install 1–3 GW of electrolyzer capacity, invest US$2.5–5.5 billion, and generate 7,000–15,000 jobs Source: BNAmericas
Pure Hydrogen secures US$28 million deal to supply hydrogen infrastructure for Mexican projects
April 10, 2025
Pure Hydrogen Corporation has signed a Master Supply and Distributor Agreement with Mexico City-based GreenH2 LATAM to supply hydrogen infrastructure for two projects in Mexico. Valued at US$28 million, the deal includes four 2.5 MW electrolysers, as well as hydrogen compression, refuelling, storage, and transport equipment. Source: Fuel Cells Work
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 […]