The PPA contracts power from the Itaipu hydroelectric dam
Paraguayan green fertiliser project signs hydropower PPA
Neogreen plans to progress to Feed and take FID on the project by the end of 2023
Green hydrogen developer Neogreen has signed a long-term 75MW baseload power-purchase agreement (PPA) with Paraguayan national electricity company Ande for a green hydrogen and fertiliser project. The project aims to produce 10,000t/yr of green hydrogen, which will be converted into ammonium nitrate for fertiliser feedstock. The fertiliser will supply both Paraguay’s domestic agricultural market and exports to neighbouring countries via river. Neogreen plans to site the project near the port at Tres Fronteras—where Paraguay, Brazil and Argentina converge. Ande has agreed to supply electricity from the Itaipu hydroelectric dam at “the lowest commercial rate”, according to Neogreen. With the P
Also in this section
27 September 2023
Two governments sign joint declaration of intent to cooperate on driving growth of trade and investment in low-carbon hydrogen
26 September 2023
Gulf state plans pipeline network and other infrastructure to support development of large-scale hydrogen production
22 September 2023
Excitement over natural hydrogen is building, but its potential to contribute meaningfully to global supply is unclear
22 September 2023
Imbalances between supply and demand ambitions risk derailing production growth, IEA warns
