ATOME Mobility, a branch of its parent company, will look to integrate hydrogen technologies in two primary hard-to-abate sectors: road transportation and shipping.
According to the company, significant progress has been made in Paraguay with the business now on track to commence transport operations before the end of Q2 2023.
Read more: ATOME Energy to develop a large-scale green hydrogen and ammonia production project in Paraguay
Read more: ATOME Energy set to expand its hydrogen growth with London Stock Exchange Listing, CEO reveals all
This will see further projects in Paraguay and Iceland with hydrogen hoping to secure a future in both countries as they look to decarbonise transportation.
Olivier Mussat, CEO of ATOME, said, “Since we announced the creation of ATOME Mobility, we have made great progress and are targeting the first part of 2023 as commencement of business.
“The appointment announced today of AECOM as the provider of engineering services is an important step in maturing our mobility business, with more substantive news to follow.
“In the meantime, good progress on our major projects now totalling 350MW in Iceland and Paraguay continues, with potential for more, and I look forward to updating the market on these in due course.
“Whilst commenting on ATOME Mobility, it would be wrong of me not to observe that recent world events have underlined the need for a green non-fossil fuel reliant future.
“It has also highlighted not only the expected material increase in demand for green hydrogen and ammonia that we plan to produce in Europe and the Americas, but also the cost competitiveness compared to other energy solutions.”
How hydrogen could decarbonise South America
It is estimated that developing countries are responsible for more than half of the world’s greenhouse gas emissions, and this is only set to increase without a swift change to cleaner energy. This staggering statistic gives reason for a focus on green energy like never before, and why hydrogen has rebounded as an optimistic yet realistic solution.
Extensive research into the production of green hydrogen has found that abundant availability of renewable resources and modular nature of electrolysis makes a great match for developing countries as green hydrogen can be produced on any scale, anywhere1.
Want to continue reading? Click here.