H2LAC Market News - Page 6 of 29

CPFL Energia to launch green hydrogen pilot project in Rio Grande do Norte
August 29, 2024
Brazilian energy company CPFL Energia announced plans for a green hydrogen pilot project in Rio Grande do Norte in partnership with cement producer Mizu Cimentos. The group is investing US$7.9 million to support a more sustainable energy matrix. Source: Renewables Now
Fuella AS to construct 520 MW green ammonia plant within the hydrogen hub at Porto do Açu
August 29, 2024
Fuella AS, backed by Allianz Capital Partners, has secured a significant area within the hydrogen hub at Porto do Açu in Rio de Janeiro, Brazil, for the construction of a green ammonia plant with up to 520 MW capacity. Source: Renewables Now
Brazil enacts law to establish legal framework for low-carbon hydrogen
August 15, 2024
Brazil’s President Luiz Inacio Lula da Silva has signed a law creating a regulatory framework for low-carbon hydrogen, according to the Ministry of Mines and Energy. The law aims to enhance Brazil’s credibility in the global hydrogen market and includes initiatives like the Special Incentive Scheme for Low Carbon Hydrogen Production (Rehidro) and the Brazilian […]
First phase of US$11 billion green hydrogen project in Chile files for environmental approval
August 15, 2024
The first phase of a US$11 billion green hydrogen and green ammonia project in Chile, led by Copenhagen Infrastructure Partners (CIP) and two Austrian firms, has been submitted for environmental approval. Source: Renewables Now
Fuella AS plans major green hydrogen project in Brazil, backed by Allianz Capital Partners
August 15, 2024
Norwegian renewable energy company, Fuella AS, supported by Allianz Capital Partners, is planning a green hydrogen project in Brazil. The company has secured land at the Port of Acu in Rio de Janeiro and plans to make a final investment decision within four years on a 400,000-ton-per-year green ammonia plant. Source: Bloomberg
Codelco secures US$532 million in climate financing to support full decarbonization by 2030
August 1, 2024
Chile’s state-owned copper company, Codelco, has secured US$532 million in climate financing from Crédit Agricole CIB, with a guarantee from the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group. The funds will support Codelco’s plan to fully decarbonize its energy matrix by 2030, which includes transitioning to renewable energy sources. Source: America Economia
IDB announces US$300 million loan to support Pará State’s goal of net-zero emissions by 2050
August 1, 2024
The Inter-American Development Bank has announced a US$300 million public policy-based loan (PBL) to support the Brazilian state of Pará’s initiative to cut greenhouse gas emissions. The program aims to help Pará achieve net-zero emissions by 2050 through public policy reforms. Source: BNAmericas
Chile’s first hydrogen bus nears completion, set to operate early next year
August 1, 2024
The construction of Chile’s first hydrogen bus is advancing, with expectations to have the vehicle operational by early next year. The project aims to develop and manufacture the bus entirely in Chile. Source: PV Magazine LATAM
HNH Energy proposes US$11 billion green ammonia and hydrogen plant in Chile
August 1, 2024
HNH Energy has proposed an US$11 billion green ammonia and hydrogen plant, marking the largest project ever submitted for environmental assessment in Chile’s SEIA. The project includes a range of components: a green ammonia production plant, a seawater desalination facility, a wind farm, a multipurpose port with a maritime terminal, underground power transmission and transport […]