Signed with Paraguayan company, Concret-Mix, the FEED covers civil and electrochemical works for the adaptation of an ANDE substation, which ATOME says will determine the design and technical package used for procurement and further engineering by the chosen Engineering Procurement Construction (EPC) contractor.
H2 View understands Concret-Mix originally constructed the substation now operated by the state owned national electricity company, ANDE. ATOME say the contract includes soil studies, topography and a range of electrical/electrochemical equipment cost estimation and a work timetable.
ATOME, which says it is the only pure international green hydrogen and ammonia production company on the London Stock Exchange, revealed in June (2022), that it expected to reach a final investment decision (FID) on its Villeta project later in 2022, with large-scale green hydrogen production by 2025.
Olivier Mussat, CEO of ATOME, said, “The entry into the FEED contract is the next step in what will in due course culminate in an aggregate of 400MW of green hydrogen and ammonia production in Paraguay, the first phase of which at Villeta is expected to commence production by Q1 2025.”
“The progress underlines ATOME’s commitment to be at the forefront of our industry in turning plans into reality, seizing the commercial initiative and recognising the increasingly urgent need to supply fertilisers and energy, as well as decarbonise and move towards Net Zero emissions.”
“We are, as well as other local partners and stakeholders, particularly pleased to ensure local content and jobs in our project and look forward to a long and mutually beneficial relationship with Concret-Mix who we are also working with us in our Mobility Division.”
In an exclusive interview with H2 View, the ATOME boss, Olivier Mussat, explained the company’s approach sought out existing infrastructure and markets to develop green hydrogen and ammonia production capacity, something he believes is a steppingstone to unlocking hydrogen’s potential.
Mussat told H2 View, “The market for ammonia exists [in Paraguay] today, it is second most produced chemical in the world, and on its way to be a real global commodity, as its uses will go beyond just fertiliser and chemical but will see it grow to transport, energy and as well used as a hydrogen carrier. Ammonia allows us to prime the future hydrogen market, using the fertiliser market.”
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