Chile is making significant strides in its clean energy transition, with a new government bill set to accelerate the decarbonization of the power grid. The bill includes measures to expedite project permitting and ensure investment in community initiatives, such as rural electrification. Additionally, HIF Global is launching a pioneering direct air capture unit in Chile, a collaboration with Porsche, to extract CO2 from the atmosphere for renewable fuels production. This technology breakthrough will support the development of commercial-scale projects in Chile and beyond. Magallanes is emerging as a key region for green hydrogen projects, with multi-billion dollar investments in facilities powered by wind energy and utilizing green hydrogen. Furthermore, the Bíobio region is venturing into hydrogen technology with an electrolyzer plant project to cater to local industrial needs. These developments highlight Chile's commitment to renewable energy and technological innovation, positioning the country as a leader in the global energy transition.