Vestas, a well-established Danish wind turbine manufacturer, has made significant strides in the wind energy markets of Chile and Argentina, with a total installed capacity of approximately 4GW. The company's executives Rodrigo Terc and Andrés Gismondi highlighted the growth and success of Vestas in both countries, emphasizing Chile's aggressive transition plan towards renewable energy and green hydrogen production. They noted that Chile's leadership in Latin America is attributed to its energy strategy, closure of coal plants, and the attraction of EU investments. Despite the promising future of wind energy in Chile, challenges with permitting processes have been identified as a major obstacle to the country's energy development. Delays in obtaining environmental permits have hampered progress, leading to calls for a more efficient authorization process to enhance competitiveness. Vestas executives also discussed the strategic locations for wind projects in Chile, such as the Taltal wind reserve in the north and the emerging hubs in regions like Maule and Magallanes. The latter, known for its strong winds, is considered ideal for green hydrogen projects, showcasing Chile's potential in the field. Furthermore, the executives expressed optimism about green hydrogen's role in Chile's energy future, citing the country's consensus on the importance of renewable energy and the potential of green hydrogen and lithium. They highlighted the competitive LCOH costs of green hydrogen in Brazil, Chile, and Argentina, underscoring the opportunities for increased electrification in various sectors. Overall, Vestas remains committed to investing in Chile's renewable energy sector and advancing technologies to drive industry growth, emphasizing the importance of overcoming permitting challenges and leveraging Chile's unique wind energy landscape for a sustainable energy transition.