Paraguay – Ande and Canada Based Company Neogreen Hydrogen Corporation Sign a Service Provision Contract for 75 Mw
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- 13 Feb 2023
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Paraguay – Ande and Canada based company neogreen hydrogen corporation sign a service provision contract for 75 mw.
After the signing of the memorandum of understanding between ANDE and NEOGREEN Hydrogen Corporation, a Canadian company, developer of green hydrogen projects focused on emerging markets, which was carried out on November 15, 2021, for the study of an installation project of an industrial plant that will produce green fertilizer and hydrogen from renewable electricity, on December 12, 2022, the Electricity Connection and Supply Service Contract was signed between ANDE and the company NEOGREEN Hydrogen Corporation, for the exclusive use of the Industrial Plant, which will be located in the Ciudad Presidente Dr. Manuel Franco, Alto Paraná Department.
According to the planning of the aforementioned company, the Project will be divided into two phases, and will begin through two feasibility studies. Once the first feasibility study (Phase I) has been completed, progress will be made with the smaller-scale project, aimed mainly at the domestic supply of green hydrogen, and intended for industrial users in Paraguay, for which the consumption of electrical energy will be required from a minimum of 10 MW up to a maximum of 75 MW. Read More…
