Hamburg-based Eternal Power is setting its sights on producing hydrogen in Chile for export to Germany and the broader European market. This audacious venture aligns with Chile’s ambitious goal of becoming a major exporter of green hydrogen, with the country’s Energy Ministry targeting a production cost of around $1.5 per kilogram.
In a bid to harness the potential of green hydrogen and emerging technologies, Algeria and Chile have embarked on a groundbreaking scientific collaboration.
Nestled in the sun-soaked embrace of northern Chile, a new energy horizon is dawning, one fueled by the promise of green hydrogen. As the world seeks sustainable energy solutions, Hamburg-based hydrogen producer Eternal Power is teaming up with local partners to explore the vast potential of Chile’s desert regions.
The executive board of the World Bank (WB) has given the green signal to a substantial $150 million loan to spur investment in green hydrogen projects in Chile.
As the world moves towards a more sustainable and cleaner energy future, green hydrogen has emerged as a promising solution to decarbonize various industries and power grids. In Chile, the prospect of creating a green hydrogen valley holds immense potential for both the environment and local communities.
The World Bank has granted a significant loan of US$150 million to support green hydrogen projects in Chile, marking the institution’s first financial aid for promoting green hydrogen and contributing to global climate change mitigation efforts.
The European Union (EU) and Chile are set to sign a memorandum of understanding (MOU) aimed at developing value-added lithium projects in Chile.
During his visit to Chile, Olivier Becht, the Delegate Minister of Foreign Trade, Attractiveness, and French Abroad, held a bilateral meeting with Diego Pardow, the Minister of Energy, to discuss common challenges in the energy transition process and the involvement of French companies in the green hydrogen industry.
The Inter-American Development Bank (IDB) has approved a significant loan of $400 million to support the development of the green hydrogen industry in Chile.
Anglo American’s Chilean subsidiary is planning to spearhead the development of a green hydrogen corridor in central Chile, focusing on innovation and new technologies aimed at accelerating the country’s decarbonization and transforming its mining industry.
