Latin America could be the next hotspot for hydrogen innovation and production with the region boasting significant renewable energy capabilities meaning it is one of the best locations in the world to create green hydrogen.

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Ad Astra Rocket Company and Mesoamerica have recognised its potential and are now actively seeking opportunities to create the hydrogen value chain Latin America.

With several potential projects in the pipeline, ProNova Energy is aiming to get to work right away combining Mesoamerica’s strong track-record in structuring and financing energy projects throughout Latin America.

This will be supported with Ad Astra’s decade-long experience and technical know-how in the implementation, maintenance and operation of green hydrogen ecosystems.

Franklin Chang Díaz, Chairman and CEO of Ad Astra, said, “This exciting strategic partnership of our two complementing entities will allow us to take green hydrogen to a new level of large-scale deployment.

“We are thrilled and honoured to be joining forces with Mesoamerica’s outstanding team of professionals.”

Luis Javier Castro, Managing Director and President of Mesoamerica, said, “We are very pleased to partner with Ad Astra and Dr. Chang in our shared purpose to transform Latin America’s energy matrix.

“Green hydrogen will be one of the key energy sources for a decarbonised economy. We look forward to be in the front-seat in the development of hydrogen projects that will deliver a new industrial era in a world without fossil fuels.”