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The National Port Authority (APN) grants port authorization for a USD 540 million project for the construction of Peru's first green hydrogen terminal, which will be located in the Majes district, Caylloma province, Arequipa region.
The APN granted permission to the company Horizonte de Verano SAC for the development of a port project that, in its first stage, consists of two single-buoy moorings and underwater pipelines. It will also have a maritime terminal with an ammonia storage system located on the coast, featuring thermally insulated tanks to store this compound at cryogenic temperatures, in addition to a system of submarine pipelines for supplying ammonia to tanker vessels and a desalination plant.
The project includes a plant that will produce green hydrogen and ammonia. The distinguishing characteristic of this ammonia, compared to that obtained from hydrocarbons, is that through this process, ammonia is obtained from seawater and air, without emitting CO2 during its use. Only renewable energy, such as solar and wind, will be used for its production.
The estimated total investment for the Horizonte de Verano project is USD 540 million, which will be developed in five stages. The first stage is expected to involve an investment of USD 120 million, with operations commencing by the end of 2029.
Source: portalportuario
