Glenfarne Energy Transition, a company in renewable energy solutions, has partnered with Samsung Engineering to launch multiple green hydrogen and ammonia projects in Chile. The initiative is part of Glenfarne's Hydrogen Fuels Initiative, which aims to reduce greenhouse gas emissions and promote the transition to clean energy.
Hydrogen-based fuels are gaining popularity as an alternative to fossil fuels, and they have a wide range of applications across various industries. The collaboration between Glenfarne and Samsung Engineering is expected to pave the way for more widespread adoption of these sustainable energy sources.
The first project being developed under the partnership is Green Pegasus, which will have up to two gigawatts of solar PV installed capacity. It is expected to produce 459 kilotons of green ammonia and 89 kton of green hydrogen annually, with a primary focus on exporting to Asia, particularly South Korea, and Europe.
Brendan Duval, CEO, and founder of Glenfarne Energy Transition, expressed excitement about the partnership with Samsung Engineering, stating that it would be crucial in advancing the energy transition in Chile, Asia, and Europe. He believes that the project has enormous potential to contribute to global decarbonization efforts and achieve energy security.
The Glenfarne-Samsung Engineering collaboration is a significant step towards achieving a sustainable future, and it is expected to have far-reaching impacts across various industries. The project's success could lead to further collaborations between these two industry leaders and inspire others to join the renewable energy movement.
