Bahía Quintero Green Hydrogen Project Approved for Development in Chile
Key Ideas
- The Bahía Quintero Green Hydrogen Project, developed by GNL Quintero and Acciona Energía, has been unanimously approved by the Environmental Assessment Commission (COEVA) of Valparaíso.
- The project involves the construction and operation of a green hydrogen plant with a capacity to produce 1,600 tons of hydrogen per year, contributing to the country's energy transition and decarbonization process.
- The initiative aims to supply green hydrogen to industrial customers in the Quintero-Puchuncaví Bay and other companies in Chile, facilitating the transformation of production processes towards cleaner energies.
- The project has received support from the government, with subsidies and tax incentives, showcasing collaborative efforts between the private and public sectors to promote the development of green hydrogen in Chile.
The Bahía Quintero Green Hydrogen Project in Valparaíso, Chile, has received approval from the Environmental Assessment Commission for the construction and operation of a 10 MW green hydrogen plant. The project, developed by GNL Quintero and Acciona Energía, aims to produce 1,600 tons of green hydrogen annually to be supplied to industrial customers in the region and across Chile. This initiative aligns with the government's National Green Hydrogen Strategy to drive the country's energy transition and decarbonization process. To support the project, the company has secured financial assistance from Corfo and tax incentives under the R&D Law. The green hydrogen will be generated using an electrolysis system powered by certified renewable energy sources, ensuring zero CO2 emissions. With construction and testing expected to begin next year, the project signifies a significant step towards cleaner energy production and industrial sustainability in Chile.
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