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H2LAC Market News

  • Colombian Navy unveils “Vector H2,” Latin America’s first hydrogen-powered maritime prototype

    August 28, 2025

    The Colombian Navy has unveiled “Vector H2,” Latin America’s first hydrogen-powered maritime prototype, developed under its Gaia Strategic Plan to integrate clean technologies into naval operations. The project, which retrofits existing vessels with hydrogen propulsion systems, will progress from a scale model to a full-size operational ship. Aimed at reducing emissions and the Navy’s carbon […]

  • Chile to pilot renewable energy and green hydrogen system at Antarctic research base

    August 28, 2025

    Chile’s Antarctic Institute (INACH), supported by GIZ, the EU, and regional partners, is developing a pilot hybrid system of solar, wind, storage, and green hydrogen at the “Professor Julio Escudero” base on King George Island. The project aims to replace diesel with sustainable energy for electricity and heating, reducing the base’s carbon footprint while serving […]

  • Chile proposes US$2.8 billion in tax incentives to accelerate the green hydrogen industry

    August 28, 2025

    Chile has proposed a bill offering up to US$2.8 billion in tax credits between 2025 and 2030 to boost demand for green hydrogen and derivatives like ammonia and methanol. The plan includes six competitive tenders and a special tax regime for producers in Magallanes and Chilean Antarctica, with corporate tax exemptions and VAT relief on […]

  • Rio Grande do Sul shortlists 12 companies, commits US$18.7 million to Green Hydrogen Supply Chain

    August 28, 2025

    The government of Rio Grande do Sul, Brazil, has shortlisted 12 companies in the third round of its Green Hydrogen Production Chain Development Programme, selecting them from 16 proposals. The state will provide subsidies of up to about US$5.5 million per project, totaling roughly US$18.7 million, to strengthen its green hydrogen supply chain. Source: Renewables […]

  • 111 green hydrogen projects underway in Brazil with US$82 billion in investments, requiring 90 GW of renewable capacity

    July 31, 2025

    According to the consulting firm CELA, there are 111 ongoing green hydrogen and its derivative projects across 15 states in Brazil, totaling investments of approximately US$82 billion. These projects, which include green hydrogen, ammonia, e-methanol, and green steel, will require around 90 GW of new renewable energy capacity for fuel production. Source: PV Magazine LATAM

  • Paraguay presents national green hydrogen strategy at H2LAC

    July 31, 2025

    During the 5th Hydrogen Congress for Latin America and the Caribbean (H2LAC) in São Paulo, Paraguay’s Deputy Minister of Mines and Energy, Mauricio Bejarano, presented the National Strategy for the Green Hydrogen Economy. The roadmap outlines Paraguay’s plans to position itself in the green hydrogen industry, with a goal of reaching 1 GW in electrolysis […]

  • EIB approves loan of up to US$135 million for Atome PLC’s green fertilizer project in Villeta, Paraguay

    July 31, 2025

    EIB has approved a loan of up to US$135 million for Atome PLC’s green fertilizer project in Villeta, Paraguay. The 145 MW hydrogen-to-ammonia facility will produce 260,000 tonnes of green fertilizer annually using renewable power from the Itaipu dam. The project, which has secured a renewable power purchase agreement, is expected to begin operations in […]

  • World bank approves green hydrogen strategy support for Pecém Industrial and Port complex in Ceará, Brazil

    July 31, 2025

    The World Bank has approved a new operation to support the green hydrogen strategy of the Pecém Industrial and Port Complex (CIPP) and the Government of Ceará, Brazil. The project will finance critical infrastructure to enable clean hydrogen production, attract private investment, and drive job creation and long-term climate resilience in the region. Source: The […]

  • Green Climate Fund approves US$50M for ATOME’s Villeta green fertiliser project in Paraguay

    July 9, 2025

    ATOME Energy has secured US$50 million in concessional financing from the Green Climate Fund (GCF) for its US$630 million Villeta green fertiliser project in Paraguay, marking a major step toward final investment decision. The funding, provided through the International Finance Corporation (IFC), will reduce capital costs, enhance project bankability, and support the decarbonization of fertiliser […]

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