Spain’s Ignis Energy has decided to scale back and pause a gigawatt-scale green hydrogen and ammonia project in Chile.
According to reports, the decision was made in response to the slower global pace of the hydrogen industry, even though the company “firmly believes that the industry will mature.”
In Tierra del Fuege, the Magallanes region, the company planned to build the first 2.25GW phase of a wider 4.5GW wind power network. Reportedly, the project would also feature 4GW of electrolysers to produce hydrogen and ammonia using renewable sources.
... to continue reading you must be subscribed
