H2LAC Market News - Page 7 of 29

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 […]
Brazil’s Chamber of Deputies approves bill promoting green hydrogen
July 19, 2024
The Chamber of Deputies in Brazil approved a bill promoting investment in low-carbon hydrogen. The approved text includes up to US$3.2 billion in tax incentives and expands eligibility to include hydroelectric plants and agribusiness. Source: BNAmericas
Aslan Energy Capital to develop large-scale green hydrogen and ammonia facility in Mexico
July 19, 2024
Aslan Energy Capital has selected a site in Sonora, Mexico, for a large solar-powered green hydrogen and green ammonia production facility. The project will be completed in four phases over 10 years, with commercial operations starting in 2028. Source: Renewables Now
Chile’s Green Hydrogen Advantage
May 29, 2024
Guest Editorial by Diego Pardow, Minister of Energy, Chile Teeing up the discussions that will take place at the 4th Hydrogen Congress for Latin America and the Caribbean (H2LAC 2024) this June 5-7 in Santiago, Chile, Diego Pardow of Chile’s Ministry of Energy, highlights the unique opportunity green hydrogen presents for the creation of a […]
Green Energy Park secures US$30M series-A funding and gains rights to hydrogen port terminal
May 3, 2024
Green Energy Park (GEP) has recently secured US$30 million in Series-A funding and gained long-term rights to a hydrogen port terminal in Brazil, enabling them to export green ammonia to Europe. The company’s plans include constructing a massive 10.8 GW green hydrogen plant in Piaui, Brazil, with the goal of exporting the energy carrier to […]