This is the basis of a new agreement signed with the Itaipu Binational Technology Park with the 50MW production capacity expected to increase to 250MW.
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Paraguay could become a hotspot for green hydrogen projects in the future with easy access to renewable energy from a range of different sources, most notably hydroelectric dams.
The green hydrogen and ammonia production project will be situated one kilometre from Itaipu hydroelectric dam providing access to not only renewable energy but also the river for transportation of the hydrogen and ammonia.
This provides a basis to export the produced green hydrogen and ammonia to the rest of the world, cementing Paraguay as a key region for hydrogen exports.
Ramin Navai, UK Ambassador to the Republic of Paraguay, said, “We are very excited about this news.
“The future production of green hydrogen and ammonia would be a great bilateral achievement, with the UK providing its expertise, and Paraguay providing its clean energy from Itaipu. We are going to produce green energy with green energy!
“That’s the way forward to a commercially competitive future, in an environmentally friendly way.”
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.
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