Peru has approved an environmental study for a $12.5 billion green hydrogen plant by Horizonte de Verano, to be constructed in Arequipa, starting in 2026.
Peru’s government has given the green light to an environmental impact study concerning a green hydrogen plant, as revealed by Production Minister Sergio Gonzalez on Wednesday. This significant project, spearheaded by the firm Horizonte de Verano, is projected to have a total cost of $12.5 billion. Located on a 12,000-hectare site in the southern Arequipa region, construction of the plant is anticipated to commence in 2026.
In summary, Peru’s approval for the environmental impact assessment marks a pivotal step in the development of a $12.5 billion green hydrogen plant. This initiative, led by Horizonte de Verano, not only demonstrates the nation’s commitment to renewable energy but also signifies a substantial investment in the future energy landscape.
Original Source: www.tradingview.com
