Peru’s government has approved an environmental study for a $12.5 billion green hydrogen plant, set to be built by Horizonte de Verano on a 12,000-hectare site in Arequipa, with construction anticipated to begin in 2026.
The government of Peru has officially approved an environmental impact study for a substantial green hydrogen plant, with an anticipated investment of $12.5 billion. This significant development was shared by Production Minister Sergio Gonzalez during a recent press conference.
The plant, developed by the firm Horizonte de Verano, will occupy a vast area of 12,000 hectares located in the southern region of Arequipa. Construction of the facility is projected to commence in the year 2026, marking a pivotal step towards advancing renewable energy initiatives in the country.
In conclusion, the approval of the environmental impact study for the green hydrogen plant represents a significant milestone for Peru’s sustainable energy objectives. With a notable investment and a planned start of construction in 2026, this initiative is expected to enhance the country’s renewable energy landscape.
Original Source: www.tradingview.com
