HIF Global is making significant progress with its ambitious $6bn green hydrogen project in Paysandú, Uruguay. The project involves the establishment of a 1GW wind park named Elena, equipped with 158 turbines to support the energy needs of the green hydrogen and sustainable fuels plant in the region. The company plans to install 1.14GW of wind capacity, along with medium-voltage grid work and substations. Additionally, HIF is working on a 1GW solar PV component called Lucía. Paysandú department and national authorities have signed an agreement to collaborate on developing the hydrogen industry, with a focus on strategic environmental evaluations involving the private sector. The production facility is expected to cost around $4bn, with additional investments required for renewable energy and transmission infrastructure. HIF's plant aims to manufacture 700,000 tons per year of e-methanol, requiring abundant clean energy and 900,000 tons per year of carbon dioxide, with an agreement in place with Alur to provide 150,000 tons per year of captured carbon dioxide. The overall sentiment towards the project is positive, with a strong emphasis on sustainable development and industrial advancement.