Construction of $4bn, 1GW green hydrogen and e-fuels project due to begin in Uruguay next year
HIF Global will combine H2 produced from 2GW of wind and solar power with captured CO2 to make synthetic gasoline for export
Uruguayan President Luis Lacalle Pou has announced that construction will begin next year on a $4bn, 1GW green hydrogen and e-fuels project in the South American country.
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Curiously, neither the president nor the minister revealed who will construct the project — to be built 7km north of the city — but a press release by state-owned oil company ANCAP stated that HIF Global, a Chilean e-fuels producer and developer, had been selected.
“To this end, it is planned to install a 1GW alkaline electrolyzer and the installation of an additional 2GW of renewable electricity generation in the country, from solar photovoltaic and wind sources.”
The synthetic gasoline, which can be used in existing petrol vehicles, will be exported to foreign markets via the Uruguay river, which separates Paysandú from Argentina.
The company has not yet publicly commented on the award, but ANCAP states that the Uruguayan project “is classified as a high priority in the international expansion strategy of the HIF Group”.