Atome buys land for Paraguay project

Firm aims to take FID before year-end, with completion by 2025

UK-headquartered Atome Energy has acquired a 75-acre (30-hectare) site for its Villeta green hydrogen production facility in Paraguay for $900,000. The company signed a 60MW power-purchase agreement with national utility Ande earlier this year and has commissioned a Feed study. It anticipates taking FID on the project in the second half of 2022 and wants to complete the facility three years after that. “The large 75-acre footprint not only enables Atome to have room for future expansion and facilitation of storage but also gives [the company] the scale to grow its business footprint and attract associated industries and provide new sustainable jobs,” says Atome CEO Olivier Mussat. $900