Central/South America

Both companies to develop feasibility studies for an innovative direct reduction facility in Brazil, Vale to supply iron ore agglomerates to GreenIron’s facility in Sweden.

Port of Açu Operações and Yamna have signed a land reservation agreement in the new hub for low-carbon H₂ and its derivatives in the port industrial complex of Port of Açu in the northeast of Rio de Janeiro State to develop a green ammonia project.

As the world engages in an energy transition, low-/zero-carbon H₂ is thought of as a gamechanger in helping countries reach their net-zero targets. This has led to a stark rise in investments along the H₂ value chain, from renewable energy capacity builds and H₂ production to downstream infrastructure and fueling capabilities.

AES Andes submitted an environmental impact assessment (EIA) to Chilean permitting authorities for a proposed industrial-scale green H₂ project called Inna.

Colombia's state-owned energy company, Ecopetrol, plans to invest $28.5 MM to construct a green H₂ plant in Cartagena, projected to produce 800 tpy, making it the largest in Latin America.

Hydrogen Europe and H2Chile have signed a MoU during the European H₂ Week, under the patronage of the Chilean Embassy to the European Union and the European Commission, and in presence of industry stakeholders from both the European Union and Chile.

Chile's renewable energy resources could potentially produce 70 times its current electricity capacity and generate up to 160 MMtpy of clean hydrogen by 2050, as outlined in its National Green Hydrogen Strategy.

Vale and Green Energy Park (GEP), an integrated European H₂ company, have joined forces to deliver decarbonization solutions for the global steel sector.