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Home Home - Hydrogen
Hydrogen Project in Chile Gains Momentum with New Financing Tender

Hydrogen Project in Chile Gains Momentum with New Financing Tender

Anela DoksoBy Anela Dokso05/11/20241 Min Read
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On November 5, 2024, the German Development Agency issued an important tender titled “Structuring the Financing Line for a Renewable Hydrogen Project (RH2) in Chile” under notice number 81309658.

Interested organizations have until December 15, 2024, to submit their applications. This tender is a crucial step toward advancing the global hydrogen industry, as it focuses on establishing a financial framework to support renewable hydrogen initiatives in Chile, a country with significant potential for green hydrogen production due to its renewable energy resources.

The main objective of this tender is to design and implement a robust financing structure for a renewable hydrogen project in Chile. This involves assessing potential risks, identifying suitable financial instruments, and creating sustainable investment strategies that attract private and public investors. The tender aims to ensure financial viability and long-term success for hydrogen projects, which can significantly contribute to decarbonizing sectors that rely heavily on fossil fuels.

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