Chile’s Piñera announces construction of country’s first green hydrogen plant
RIO DE JANEIRO, BRAZIL – “We must abandon our dependence on carbon-emitting fuels”. With these words, President Sebastián Piñera, announced this Sunday (26) the construction of the first green hydrogen plant in the far south of Chile.
The President announced the 24-hour Global Citizen LIVE mega-event. The international broadcast includes dozens of performers, activists, business leaders, philanthropists, and world leaders coming together to defend the planet and defeat poverty in support of Global Citizen’s “A Recovery Plan for the World” campaign.
Read also: Check out our coverage on Chile
“The world cannot afford to continue on its current path. We must move away from our dependence on carbon-emitting fuels, and we must do it today, using the energy of tomorrow, green hydrogen,” the President said in a telematics address.
The project is expected to lead to the world’s first green hydrogen plant, which, once fully operational next year, will produce climate-neutral synthetic fuel that will reduce more than 100,000 tons of greenhouse gas emissions per year. The plant will use Chile’s strong winds in the Magallanes region to generate carbon-neutral fuel.
The plant will have a production capacity of 350 tons per year of methanol and 130,000 liters per year of gasoline and useful life of approximately 25 years from the start of operations.
“Together, we can defend the planet. We are all citizens of the world”, concluded the President.
More: Brazil news in English, every day from The Rio Times.
Live Market IntelligenceBrazil — Live Market Board
Rio Times · Live Market Intelligence
Brazil — Live Market Board
-0.65%
171,124.85
-0.65%
71,866.30
+0.66%
10,597.06
+0.07%
2,848,945
—
2,509.75
-2.59%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| IBOV | 171,124.85 | -0.65% | +10.05% | 172,236.05 | 173,272 | 170,569 | — |
| USD/BRL | 5.59 | +1.40% | +4.74% | 5.51 | 5.61 | 5.51 | — |
| SELIC | 13.75% | — | — | — | — | — | |
| PETR4 | 45.10 | -0.20% | +39.31% | 45.19 | 45.68 | 44.50 | 32,147,700 |
| VALE3 | 65.01 | -1.66% | -0.31% | 66.11 | 66.11 | 64.20 | 17,771,800 |
| ITUB4 | 41.24 | -1.15% | +4.99% | 41.72 | 42.50 | 41.15 | 13,642,600 |
| BBDC4 | 14.41 | -1.84% | -24.53% | 14.68 | 14.84 | 14.30 | 33,542,500 |
| BBAS3 | 16.90 | -0.71% | -25.99% | 17.02 | 17.17 | 16.82 | 17,128,400 |
| B3SA3 | 14.41 | -2.96% | +9.60% | 14.85 | 15.14 | 14.39 | 23,606,500 |
| ABEV3 | 15.63 | +0.13% | +18.59% | 15.61 | 15.78 | 15.55 | 13,101,500 |
| WEGE3 | 50.62 | -0.24% | +11.59% | 50.74 | 51.83 | 50.62 | 6,818,100 |
| PRIO3 | 59.59 | +0.34% | +51.92% | 59.39 | 59.88 | 58.35 | 6,210,200 |
| SUZB3 | 54.61 | +0.76% | +17.11% | 54.20 | 55.50 | 53.86 | 6,824,100 |
| RENT3 | 29.88 | -3.08% | -29.02% | 30.83 | 31.29 | 29.70 | 9,314,200 |
| AZZA3 | 14.63 | -3.24% | -48.01% | 15.12 | 15.55 | 14.52 | 1,831,800 |
| CSNA3 | 4.45 | -0.89% | -46.56% | 4.49 | 4.57 | 4.36 | 13,588,000 |
| GGBR4 | 25.70 | +3.13% | +34.40% | 24.92 | 25.78 | 25.14 | 6,673,100 |
| ENEV3 | 26.91 | -1.79% | +39.07% | 27.40 | 27.74 | 26.75 | 5,183,800 |
This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error