Peru’s government has approved an environmental impact study for a $12.5 billion green hydrogen plant. Produced by Horizonte de Verano, the facility will be located in Arequipa and construction is set to begin in 2026.
The Peruvian government has officially sanctioned an environmental impact study for the construction of a green hydrogen plant anticipated to require an investment of $12.5 billion. This announcement was made by Production Minister Sergio Gonzalez during a press conference held on Wednesday. The facility will be established by Horizonte de Verano across a 12,000-hectare area located in the southern region of Arequipa, with construction scheduled to commence in 2026.
In summary, Peru’s approval of the environmental impact study marks a significant step towards establishing a green hydrogen plant, which will represent a $12.5 billion investment in the country’s renewable energy sector. With construction planned to begin in 2026, this initiative is poised to enhance Peru’s contribution to sustainable energy.
Original Source: www.tradingview.com
