Chile signs agreements for green hydrogen production

SANTIAGO, May 26 – Chile state development office Corfo signed agreements with three companies on Thursday to fund industrial green hydrogen production, which it says could double current production worldwide.The move would boost economic development and help with energy transition and meeting the challenge of decarbonization, Corfo’s executive vice president Jose Miguel Benavente said in a statement.Corfo signed agreements with regasification plant GNL Quintero, iron producer CAP (CAP.SN) and industrial gas supplier Air Liquide, the statement said.Register now for FREE unlimited access to Reuters.comRegisterThe three projects are part of six selected by Corfo last December which, when completed, are expected to have a total electrolysis capacity of 388 megawatts. Corfo expects $1 billion in investments and production of 45,000 tonnes of hydrogen a year.GNL Quintero will receive $5.7…

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