Germany makes a $9.9 million contribution to Siemens hydrogen plant in Chile

Germany’s economy ministry made a $9.9 million contribution to Siemens Energy’s planned hydrogen plant in Chile. The project entails building and operating a wind power plant, Haru Oni, in southern Chile. Power from the plant will be used to produce green hydrogen via electrolysis, which will in turn be used to generate synthetic methanol/gasoline, a low-carbon alternative fuel for transport. The plant will produce 130,000 litres in a 2022 pilot phase, rising to 55 million litres by 2024 and 550 million by 2026.

Source: Reuters