Chile aims to become major hydrogen producer by 2030

The Chilean government has set itself ambitious targets to become one of the world’s leading exporters of green hydrogen by the end of 2030. The government aims to see 5GW of electrolysis capacity built or in development by 2025, and to reach 25GW by the end of 2030 by which date exports of green hydrogen and derivatives could reach $2.5 billion annually. To attract investors, the government is planning a financing round to provide $50 million to help Chilean and international companies develop “scalable and replicable” green hydrogen projects in Chile as a means for investors to close gaps in their financing models.

Source: S&P Global