Enel Green Power has been selected as one of the winners of the tender set up by the Chilean economic development agency (CORFO- Corporacion de Fomento de la Produccion) for the construction of green hydrogen plants, in order to bolster the development of this sector in Chile, which is crucial for achieving carbon neutrality by 2050. The plants will be installed in the regions of Antofagasta, Valparaiso, Biobio and Magallanes and are expected to be up and running by late 2025. The overall funds to be allocated for the project total some 16.9 million dollars. “Faro del Sur”, the project presented by Enel Green Power and Highly Innovative Fuels (HIF), will produce 25,000 tonnes of green hydrogen per year in Magallanes, Chile’s southernmost region, through a wind-powered electrolysis system and the installation of electrolysers, for an overall capacity of about 240 MW. CORFO expects the selected proposals to draw investments totalling 1 billion dollars and to produce over 45,000 tonnes of green hydrogen per annum, consequently cutting Co2 emissions by more than 600,000 tonnes a year.