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Topsoe ‘slows’ $400m US project amid market uncertainty
Danish electrolyser manufacturer decelerates pre-FID work on planned Virginia plant despite renewed clarity over 45V tax credit
US confirms early sunset for hydrogen tax credits
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Lee Nichols
29 January 2025
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Hydrogen Market Databook 2025: Central & South America

Significant renewable energy potential is a great advantage for the region, but costs remain prohibitive

Central and South America has several potential advantages to building a hydrogen value chain and economy—the foremost of these being a vast amount of renewable energy. According to the IEA, 60% of the region’s electricity is generated from renewables (hydropower, solar and wind). This robust energy source is paramount to building new green hydrogen production capacity and infrastructure. However, the sheer cost of renewable energy builds, electrolyser installations, green hydrogen distribution networks and other infrastructure can be staggering. Many Central and South America nations are unable financially to build domestic hydrogen ecosystems and, much like Africa, they may need internatio

Also in this section
Topsoe ‘slows’ $400m US project amid market uncertainty
14 July 2025
Danish electrolyser manufacturer decelerates pre-FID work on planned Virginia plant despite renewed clarity over 45V tax credit
US confirms early sunset for hydrogen tax credits
4 July 2025
Race is on to meet end-2027 deadline for 45V as Congress passes One Big Beautiful Bill Act
EU under fire over blue hydrogen definition
1 July 2025
Gas industry and EU politicians pile pressure on European Commission to provide more regulatory certainty on emissions calculations
Namibia eyes diversifying energy mix as oil stalls
27 June 2025
TotalEnergies’ delayed FID for its Venus project will likely set back first oil, but Windhoek has other irons in the fire

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