Atome PLC has made the final investment decision on a 60,000 tonne per year hydrogen-based green fertilizer plant in Villeta, Paraguay. The $665 million project is funded by DFIs and equity partners and targets production by 2029.
Atom PLC has reached the final investment decision (FID) on its 260,000 tonnes per year low-carbon fertilizer plant in Villeta, Paraguay. The company described the project as the first industrial-scale facility of its kind worldwide to achieve FID. The plant will produce low-carbon fertilizer using green, hydrogen-based processes. The $665 million factory is not being developed with subsidies or assistance from the British government. “Construction of the plant is expected shortly after FID, with full production expected to commence by or before October 2029,” the company said. The $665 million project financing includes $420 million in debt financing from international development finance institutions. “The $245 million project investment is led by Hy24 – the world’s largest pure-play asset manager in low-carbon hydrogen and derivatives – investing through its Clean Hydrogen Infrastructure Fund, together with IFC, KfW DEG, IFDK (Danish Government Development Fund) supported by an EFSD+ (European Fund for Sustainable Development+) guarantee under the EU Global Gateway Strategy, Sudameris – Paraguay’s second largest financial institution, and Atome PLC,” the company said.
Qair opens its first renewable hydrogen filling station in France. “On the occasion, the urban community of Béziers Méditerranée has announced the delivery of 13 hydrogen buses for RATP Dev Béziers Méditerranée, which will be refueled at the first H₂ station at the intersection of the A9 and A75 highways,” said the independent renewable energy company.
Nel Hydrogen has received a purchase order for PEM electrolysis equipment valued at approximately USD 7 million from Douglas County Public Utility District (DCPUD), a public utility in Washington State, United States. “The electrolyzer can use excess energy to balance the electricity grid. The hydrogen produced can also be used for other high-value applications,” said the subsidiary of Oslo-based Nel ASA.
The European Commission has approved Poland’s fourth payment request worth €7.2 billion ($8.4) under the Recovery and Resilience Facility (RRF). The plan includes €500 million in grants to boost private sector investment in renewable and low-carbon hydrogen production, in addition to the deployment of more than 1,000 electric or hydrogen buses and trolleybuses.
The German parliament discussed two motions tabled by the AfD faction on energy prices in Germany. With its first motion (21/5482), the faction calls for an immediate stop to the dismantling and decommissioning of gas networks. “The applicants argue that hydrogen will not be available on a large scale in the near future and at the same time cannot replace natural gas. Green hydrogen is only available in very limited quantities and entails significant costs. The consequences of a large-scale dismantling of the gas network infrastructure would immediately be reflected in significantly higher network rates and would place a heavy financial burden on private households and small and medium-sized businesses in particular,” the House of Representatives said, referring to the submitted proposal.
A group of five researchers developed a dynamic simulation model of a solar-powered green hydrogen production system at four Italian coastal port sites over a twenty-year economic horizon, assessing 36 configurations combining three brine management designs, three photovoltaic capacities ranging from 5 to 10 MW, and four battery storage sizes. “The Levelised Cost of Hydrogen (LCOH) ranges from €5/kg to €8/kg ($5.85/kg to $9.36/kg) for all configurations tested, with the sea discharge design proving the most cost-effective and Syracuse recording the minimum LCoH of €4.32/kg due to the abundant solar radiation. Government subsidies between €7 and €12 million are required for all configurations to IEA competitiveness threshold of €1.5/kg,” the researchers said. Their findings are available in “Techno-economic analysis of green solar hydrogen production integrated with seawater desalination at coastal port facilities: a multi-configuration assessment for Italian ports”, published in Case studies in thermal engineering.
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