H2LAC Market News

Paraguay could double global green hydrogen production

José Bogarín, Executive Director of the Itaipu Technological Park (ITP), says that Paraguay has all the conditions to double the current world production of green hydrogen. If the country were to convert its “export-type” energy into green hydrogen, it would generate 4,500 tons/year of green hydrogen, reaching a global total of 8,500 tons/year. Source: The […]

S&P Global Platts launches price assessments for carbon neutral hydrogen

As efforts towards the transition to renewable energy increase the role of hydrogen energy has escalated in importance. With the aim to strengthen transparency for the commodity, S&P Global Platts created a suite of Carbon Neutral Hydrogen (CNH) price assessments by reviewing the carbon neutral value of hydrogen as it leaves production hubs in key regions. […]

Total Eren signs MoU with Brazil’s Ceará to implement a green hydrogen project

The Government of Ceará signed a memoranda of understanding (MoU) with Total Eren to implement a green hydrogen project within the Pecem industrial and port complex in the northeast of Brazil. This is the 13th MoU signed by the government with other companies interested in producing similar projects. Source: Focus.jor

AES Brasil to invest in a green hydrogen plant in Ceará

The Government of Ceará in Brazil recently signed an MOU with AES Brazil that aims to increase investments in the state’s green hydrogen sector. The MOU was the 14th signed by Ceará in this rapidly emerging market, and will lead to the construction of a green hydrogen production plant in the Pecem industrial and port […]

New platform will seek the development of green hydrogen in Latin America and the Caribbean

November 30th 2021 marked the official launch of H2LAC, a new collaborative platform that seeks to promote the development of green hydrogen in Latin America and the Caribbean, bringing together representatives from over 19 countries. This initiative is endorsed by GIZ in collaboration with the World Bank, ECLAC and the European Union’s Euroclima+ Program. There […]

Iberdrola and H2 Green Steel to build a green hydrogen plant

Global energy and electricity provider Iberdrola and Swedish green steel startup H2 Green Steel (H2GS) announced an agreement to build a 1,000 MW plant for the production of green hydrogen, with an estimated investment of 2.3 billion euros.  Source (in Spanish) 

Chile announces the country’s largest green hydrogen project

Chilean Minister of Energy and Mining, Juan Carlos Jobet, announced the country is on its way to building the largest green hydrogen plant in the Magallanes region. The project valued at $15 million is in partnership with multinational corporation Total Eren and is expected to be producing more than one million tons of green hydrogen […]

The green hydrogen plans of Brazil’s Pecém port

Brazil’s Ceará state is planning to transform the state into a hub for green hydrogen production. This initiative creates opportunities for Pecém port, 70% controlled by Ceará state and 30% by Rotterdam port, to attract international companies. Read Duna Godmin Uribe, Pecém’s commercial director, interview with BNamericas about the potential economic impact of such initiatives. […]

Chile, Brazil best positioned to reap green hydrogen first-mover advantage

Hydrogen production is developing fast in some Latin American nations as policymakers and investors grapple with the region’s vast potential and unique challenges, including Chile and Brazil.   Source