TotalEnergies Subsidiary to Develop US$16bn Green Hydrogen Project in Chile
Key Ideas
  • TotalEnergies' subsidiary, TEC H2 MAG, plans a US$16bn green hydrogen and ammonia project in Chile.
  • The project includes a 5 GW wind power plant, electrolysis centers, desalination and ammonia production plants.
  • Chile aims to be a key player in green hydrogen production with a target of 28 GW capacity by 2030.
  • The H2 Magallanes project is set to begin operations in 2030 after completion of environmental assessment and construction.
TEC H2 MAG, a subsidiary of TotalEnergies, has submitted an application for an environmental permit to develop a massive green hydrogen and ammonia project in Chile. The project, named H2 Magallanes, will be a significant infrastructure involving a 5 GW wind power plant with 616 turbines, powering seven electrolysis centers to produce green hydrogen from desalinated seawater. Additionally, the facility will house a desalination plant, an ammonia production plant, storage tanks, and maritime infrastructure for shipping. The project, estimated at US$16 billion, is scheduled to start operations in 2030, with construction planned for 2027 after the two-year environmental assessment process. This initiative aligns with Chile's strategy to lead in green hydrogen production, targeting a capacity of 28 GW and 2.7 Mt/year of green hydrogen by 2030, contributing to the country's sustainable energy goals and economic growth.
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