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

Also in this section
10 February 2025
Plans include a £2.7b export pipeline, but country faces stiff competition from other European suppliers
7 February 2025
Norwegian energy company slashes spending on low-carbon sectors as transition decelerates
6 February 2025
US green hydrogen producer Plug Power says its new spot price programme allows buyers to purchase on-demand and without the limitations of long-term agreements
6 February 2025
This premier event is poised to address the evolving technology and investment demands of North America’s thriving chemical and pharmaceutical sectors