Chilean LNG firm GNL Quintero and Acciona Energía have successfully obtained environmental approval for a groundbreaking 10MW green hydrogen project near Valparaíso. The project, unanimously approved by the Environmental Assessment Commission of Valparaíso, is set to cater to industries in Bahía Quintero-Puchuncaví. With a significant $5.7 million subsidy from the Chilean Corporation for the Promotion of Production, the plant will be constructed at GNL Quintero's existing facilities in Quintero and is projected to generate 1,600 tonnes of hydrogen annually. The companies have not only secured the environmental permit but also made progress in project engineering, electrolyser selection, and discussions with potential end-users. The plan includes sourcing water from the Quintero LNG Terminal facilities' existing network and utilizing a certified renewable energy supply contract through connection to the national grid. Chile's ambitious goal is to host 4-5GW of green hydrogen production by 2025 and scale up to 25GW by 2030, leveraging the country's abundant renewable resources to produce cost-effective green hydrogen on a global scale. This initiative has garnered interest from hydrogen developers worldwide, drawn by South America's potential to produce substantial volumes of low-cost hydrogen for export. The International Energy Agency recognizes the crucial role of low-carbon hydrogen in Latin America's energy transition. With the region showing potential to replace fossil fuels in various industries like ammonia, methanol, steel, and oil refining, low-carbon hydrogen is poised to drive the next phase of clean energy transitions in Latin America. The focus on green hydrogen production in Chile exemplifies a strategic approach towards sustainable energy development and aligns with the global shift towards cleaner energy sources.