Colbún is spearheading a groundbreaking initiative in Magallanes, Chile, by embarking on the construction of a green hydrogen production plant on Isla del Fuego. The project aims to bolster the green energy landscape in Chile and reduce carbon emissions by producing green ammonia with a capacity of 1 Mt/a. Notably, the project goes beyond hydrogen production, encompassing plans for port facilities and the generation of renewable energy, indicating a comprehensive approach to sustainable energy development. Key companies contributing to this venture include Companhia de Gás de São Paulo, McDermott International Inc., and ExxonMobil Exploration Argentina, among others. The endeavor signifies a significant stride towards fostering a cleaner and more sustainable energy sector in Chile and the broader Latin American region. By leveraging green hydrogen and green ammonia production, the project aligns with global efforts to transition towards greener energy sources and mitigate the impacts of climate change. With a positive sentiment surrounding the project, stakeholders anticipate the Colbún initiative to serve as a model for driving sustainable development and promoting eco-friendly energy solutions in the region.