Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, January 22nd 2025 - 05:15 UTC

Tag: green hydrogen

  • Saturday, December 28th 2024 - 10:41 UTC

    Ancap and HIF Global sign agreement for green hydrogen plant in Uruguay

    Ancap's interim president, Diego Durand, described the day as “historic”.

    Uruguayan state-owned oil company Ancap, through Alcoholes del Uruguay (ALUR), signed an agreement with HIF Global to implement an ambitious green hydrogen and synthetic fuels project in Paysandú. The investment, estimated at US$6 billion, aims at producing 700,000 tons per year of renewable fuels, with a significant impact on the local and regional economy.

  • Thursday, February 29th 2024 - 11:31 UTC

    Uruguay signs MOU to produce green hydrogen locally

    In the long run, synthetic fuel could be used as a substitute for the fuel currently in use, Paganini explained

    The Government of Uruguay Wednesday signed a memorandum of understanding (MOU) with the company HIF for the building of a green hydrogen plant in the department (province) of Paysandú. The US$ 6 billion investment is expected to generate some 3,000 jobs.

  • Wednesday, July 19th 2023 - 10:33 UTC

    Uruguay signs green hydrogen deal with EU

    Lacalle stressed that he does not believe in “exacerbated protectionism”

    Uruguayan President Luis Lacalle Pou Tuesday signed a “Memorandum of Understanding on Cooperation in Renewable Energies, Energy Efficiency, and Green Hydrogen” with the European Union to achieve carbon neutrality by 2050 and held one-on-one meetings with French President Emmanuel Macron and Italy's Prime Minister Georgia Meloni on the closing day of the EU-Celac summit in Brussels.

  • Thursday, June 29th 2023 - 15:45 UTC

    World Bank approves $150 million loan to boost green hydrogen investment in Chile

    This collaboration aims to expedite hydrogen deployment in emerging markets and developing countries

    In a significant move towards promoting sustainable energy solutions, the World Bank Board of Directors has approved a loan of $150 million to support green hydrogen projects in Chile. This loan marks the World Bank's first endeavor in promoting green hydrogen and aligns with Chile's commitment to achieving carbon neutrality by 2050. The investment aims to accelerate the country's green growth, energy transition, and foster a resilient and inclusive economic development.

  • Tuesday, April 25th 2023 - 11:52 UTC

    Lula wants partnerships with private companies in developments to come

    The president of any country must attract foreign capital by offering credibility and political, social, and legal stability, Lula argued

    Brazilian President Luiz Inácio Lula da Silva Monday told a group of businessmen in the Portuguese city of Porto that his country was not willing to sell any public company but it would nevertheless welcome private entrepreneurship “to partner with us in what we need to create anew.”

  • Friday, January 20th 2023 - 14:59 UTC

    Viking Neptune will test hydrogen power during its 138-day world cruise

    The Neptune has a small hydrogen fuel system, making it the “first ship in the cruise industry to test the use of hydrogen power for on-board operations.”

    Viking Neptune, the company’s newest ocean liner, was named during a ceremony in Los Angeles. Nicole Stott, a retired NASA astronaut, aquanaut, and artist, gave the ship a blessing of good fortune and safe sailing as part of the occasion.

  • Wednesday, January 18th 2023 - 20:37 UTC

    Latin America's largest green hydrogen plant to start production in March

    Chile seeks to lead the world in 2050 in the production of green hydrogen

    Chile plans to start producing and exporting green hydrogen-based synthetic gasoline when the Haru Oni plant, owned by Highly Innovative Fuels (HIF), starts operating in March 2023, it was reported.

  • Friday, November 11th 2022 - 20:16 UTC

    COP27 told Brazil in a hurry to start producing green hydrogen

    “We cannot waste a single minute,” Gannoum explained

    Brazilian dignitaries to the Conference of Parties 27 Climate Summit at the Egyptian Red Sea por of Sharm El-Sheikh announced that their country was in a hurry to start producing green hydrogen and electricity from wind turbines to be installed offshore.

  • Monday, September 12th 2022 - 10:04 UTC

    Wind energy and green hydrogen projects in Rio Grande do Sul target 13% of power demand

    According to Neoenergia, the Águas Claras project includes four wind farms, with a projected capacity to serve 13% of the state’s energy demand

    The Brazilian state of Rio Grande do Sul has signed a three-year memorandum of understanding with Neoenergia, a subsidiary of the Spanish giant electricity energy corporation Iberdrola, for the development of offshore wind power, plus a project for the production of green hydrogen.