TotalEnergies, via its Chilean arm TEC H2 MAG, has proposed a $16 billion green hydrogen and ammonia project in southern Chile, envisioning a significant step in the country's decarbonization strategy. The project is set to commence operations in 2030 in the Magallanes region, featuring seven green hydrogen electrolysis facilities powered by a wind farm. These facilities will produce green hydrogen using renewable electricity, emphasizing carbon emission reduction. Supporting infrastructure includes a desalination plant for water supply, an ammonia production plant, and maritime facilities for transportation. The project aims to undergo a two-year environmental review, with construction potentially starting in 2027. Once operational, the ammonia plant is expected to generate up to 10,800 metric tons of ammonia per day. Chile's conducive renewable energy conditions have attracted attention, with the government actively promoting green hydrogen initiatives to position the country as a clean energy exporter. Despite hurdles like bureaucratic processes and infrastructure gaps, TotalEnergies' endeavor showcases confidence in Chile's renewable energy future. By harnessing wind energy for hydrogen production and utilizing ammonia as a carrier, the project presents a scalable solution in line with global decarbonization goals. Besides enhancing Chile's presence in the green hydrogen market, the project is poised to boost local employment and support environmental objectives, illustrating the pivotal role of multinational energy companies in fostering sustainable development.