TotalEnergies Subsidiary Proposes $16 Billion Green Hydrogen Project in Chile
Key Ideas
  • TEC H2 MAG, a subsidiary of TotalEnergies, plans a $16 billion green hydrogen and ammonia project in Chile.
  • The project includes a 5 GW wind power plant, 7 electrolysis centres, an ammonia production plant, storage tanks, and maritime infrastructure.
  • Green hydrogen will be produced from desalinated seawater, with operations set to begin in 2030 aligning with Chile's green hydrogen production goals.
  • The project aims to help Chile become a global leader in green hydrogen production with a target capacity of 28 GW and 2.7 million tons of green hydrogen by 2030.
TEC H2 MAG, a subsidiary of TotalEnergies, has applied for an environmental permit to develop a $16 billion green hydrogen and ammonia project in Chile called H2 Magallanes. The project will include a 5 GW wind power plant, 7 electrolysis centres, a desalination plant, an ammonia production facility, storage tanks, and maritime infrastructure. Green hydrogen will be produced through desalination of seawater. The project is scheduled for an environmental assessment from 2025-2027, with construction expected to start in 2027 and operations targeted to commence in 2030. This initiative aligns with Chile's ambition to become a leading global producer of green hydrogen through electrolysis, with a goal of achieving a yearly capacity of 28 GW and producing 2.7 million tons of green hydrogen by 2030.
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