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Paraguay
Paraguay could become a logistics hub for green hydrogen, the country has participated in the first research on the production potential of green hydrogen and its applications. The work points a tempting path to energize South America with sustainable methods, through renewable energies, in which Paraguay would play a relevant role.
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According to 2021 data, energy demand in transportation, industry and homes throughout the country could be replaced by 100% national green hydrogen. This would guarantee energy independence and a lower degree of air pollution, since the residues in the production of green H2 are oxygen (O2) and water (H2O).
ATOME Energy announced further developments in its mobility project in Paraguay, enabling the country to become the leader on the continent in the fast growing green hydrogen economy.
In addition to the already paid deposit of US $300,000, no further payments are due regarding the electrolyzer until the first quarter of 2024, at which point CPH agreed to upgrade the electrolyzer at its own cost with the latest technology now planned for its 2023 series models. By 2023, ATOME intends to introduce zero emission hydrogen passenger vehicles progressively.
News And Initiatives
ATOME Energy doubles size of first Paraguay green ammonia plant, with FID in second quarter of 2023. Recently the company completed the purchase of the 30 hectare site earmarked for the Villeta green hydrogen project in Paraguay.