The ANII, Uruguay’s national research and innovation agency, has released the conditions for a call for production-oriented green hydrogen R&D projects.

Proposals must be submitted by May 24.

The government has set up a US$10 million project financing pool, which will be distributed over ten years as a grant.

Projects must have electrolyzers with a capacity of above 1.5MW and be operational by 2025. Local enterprises, consortiums created by local firms, and local units of multinational players are all eligible to participate.

Officials are looking for initiatives to produce green hydrogen and green hydrogen derivatives, such as e-methanol, e-kerosene, green fertilizers, and hydrogen-natural gas mixes.

Authorities have said that bidding processes for onshore and offshore green hydrogen generation projects will be conducted in order to attract private participation. Uruguay is interested in both internal and international markets.

Ancap, the state-owned hydrocarbons business, has signed a memorandum of understanding (MOU) with IFC, a member of the World Bank Group. The agreement might serve as a source of funding.