Chile is experiencing a surge in green hydrogen projects, with 24 early-stage initiatives identified in the BNamericas project database. The disclosed capex for 16 of these projects amounts to US$40.8 billion, indicating a substantial financial commitment to the green hydrogen sector. These projects are beginning to undergo Chile's environmental review process, with pilot projects like the HIF's Haru Oni e-fuels facility in the Magallanes region already operational. Noteworthy developments include GNL Quintero's voluntary environmental review for its Quintero hydrogen production project. Additionally, the country's top projects, with a total capex of US$34 billion, are focused on producing green ammonia due to its favorable characteristics for transport and storage. Challenges faced by these projects include ensuring bankability and securing offtakers. However, decreasing costs of solar PV and batteries are enhancing the economic feasibility of green hydrogen initiatives. The Volta project stands out as the most advanced green ammonia project in Chile. With over 65 projects announced in Chile, the industry is poised for significant growth, with a substantial portion of projects concentrated in the Antofagasta and Magallanes regions. Nearly half of these projects cater to the domestic market, while a quarter focus on exports. The diversification of projects and the optimism expressed by regional investors indicate a positive outlook for Chile's green hydrogen industry.