Ieasa has signed an agreement with the Fraunhofer Institute for the technical and economic development of a green hydrogen production project in Buenos Aires, Argentina.
The project will produce green hydrogen using wind power in the Bahía Blanca area in Buenos Aires, where Ieasa has a 200-hectare property with 2.5 km in front of the sea that it will allocate to the Hydrogen Hub. Ieasa will actively participate in the analysis processes, during which there will be a significant transfer of knowledge. The green hydrogen will be used locally as well as exported.
The project will employ electrolysers using water and wind energy to produce green hydrogen. The partners will explore which technology to use at what costs.
H2 Bulletin previously reported that Germany announced a total of € 350 million funding for international hydrogen projects.
Dr Agustín Gerez, Ieasa President, said, “This sustainable energy project will be the vector of the energy transition in the Argentine Republic and a great contribution to the reduction of carbon emissions globally.”
Ieasa (Integración Energética Sociedad Anónima) previously known as ENARSA, is a state owned company in Argentina. It is engaged in the exploitation, production and trade of petroleum and natural gas.
The Fraunhofer Institute is a German research organisation with 75 institutes spread throughout Germany, each focusing on different fields of applied science.