H2LAC Market News - Page 22 of 32

AES Brasil to invest in a green hydrogen plant in Ceará
December 20, 2021
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
December 8, 2021
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
December 7, 2021
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
December 7, 2021
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
November 26, 2021
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
November 26, 2021
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
Exporting green hydrogen to the EU will be too expensive, but not its derivatives
November 26, 2021
Producing green hydrogen in the European Union will be more economically feasible than importing it, but the opposite will happen with its derivatives, such as ammonia, methanol and synthetic fuels, according to a new study by the German think tank Agora Energiewende. Source (in Spanish)
More than 28 companies pledge to drive hydrogen growth
November 18, 2021
The World Business Council for Sustainable Development (WBCSD) and the Sustainable Markets Initiative (SMI) has published the pledges of 28 companies committed to driving growth in the demand for, and supply of, hydrogen. Source
Green hydrogen beats blue on emissions and financial cost, Australian study finds
November 18, 2021
Hydrogen produced by fossil fuels is more expensive, will release more greenhouse gas emissions and comes with a greater risk of creating stranded assets, according to new research from the Australian National University. In the paper, published in the peer-reviewed engineering journal Applied Energy, researchers compared the emissions and financial cost of producing hydrogen using […]