GASCO, HyNewGen, Linde, Vopak, and Port of Rotterdam are concluding a feasibility study for the development of a 200 to 500 MW green hydrogen project in Chile (Project TANGO).
he next steps in Project TANGO involve conceptual studies on the production and logistics capabilities to export to Europe, with an initial delivery of 172,000 tons of green ammonia a year starting in 2027, and a second production phase of 430,000 tons per year.
By joining forces, the companies have kicked off studies on Project TANGO to develop the green hydrogen corridor from Chile to Europe. The eventual investment decision still has to be taken and will be based among others on customer contracts, the necessary permits and private and public community participation.
As countries and companies work committed toward the climate goals for 2030 and 2050, the need for diversification of clean energy sources is becoming critical. Green hydrogen is seen as an essential element of the future renewable energy mix
said the Port of Rotterdam.
In addition, as demand for green hydrogen is growing around the world, South America’s natural resources provide the opportunity to grow the renewable energy supply and meet the growing needs around the globe.
As for Chile, it is home to some of the most exceptional natural resources on the planet, having potential to become one of the cheapest producers of green hydrogen around the globe.
What is more the country-wide presence and well-established trajectory of the local partner provide the strength to develop a project in a sustainable and integrated manner with the industry, communities, academia, and social environment in the region.