Consorcio Austral Proposes $4.7 Billion Green Hydrogen and Ammonia Plant in Chile
Consorcio Austral has filed an Environmental Impact Statement for a $4.7 billion project in Magallanes Province, aiming for 2029 construction. The Acuario Project plans to produce one million tonnes of green ammonia annually, enhancing Chile's role as a major exporter of green hydrogen and ammonia by 2035.
Theia Market Signal Identification - AI Assisted
Consorcio Austral plans to construct a $4.7 billion green hydrogen and ammonia facility in Magallanes Province, targeting completion in 2029. The Acuario Project will include 1.73GW of wind turbines, a 220kV underground power line, and facilities for water desalination and electrolysis to generate 240,000 tonnes of green hydrogen.
The Environmental Impact Statement focuses on wildlife, potential human displacement, and cultural aspects. Additionally, a sister project, Sagitario, is proposed for 2031 with similar investments and capacity. Chile aims to leverage its wind and solar resources for green hydrogen exports, adjusting its 2035 target to 300,000-700,000 tonnes.
Comments