| Central and South America
has diligently collaborated with consortium partners and Mott MacDonald to finalize essential studies. The company is now preparing to move the Tres Fronteras project to the Front End Engineering and Design (FEED) stages. A strategic partnership with Atria Logistica,
the largest river and port logistics company in the Paraguay-Paraná waterway, will facilitate the construction of NeoGreen’s industrial plant in close proximity to Atria’s Tres Fronteras port. This location will ideally serve Paraguay’s primary soya-producing areas. Additionally, the project’s proximity to the newly constructed bridge to Brazil will enhance access to significant Brazilian markets, thereby opening up various regional export opportunities for NeoGreen. The port is also the intended location for a new fertilizer mixing plant. The utilization of green ammonia, derived from
green hydrogen through the Haber-Bosch process, is set to play a pivotal role in reducing carbon emissions across multiple heavy industries, including agriculture. The global ammonia market is currently valued at over $66 billion and is projected to surpass $82 billion by 2026. Transitioning all ammonia production to green ammonia by 2050 is vital to achieving global climate targets. Miles Lewis, President of NeoGreen Paraguay,
expressed gratitude to the ANDE team for their support during the project’s initial planning phase. He conveyed confidence in the partnership’s ability to understand and address the challenges and opportunities presented by Paraguay’s climate goals. The signing of the PPA now allows them to accelerate development and aims to begin production by early 2026. The group is also actively exploring the possibility of increasing capacity as per the initial Cooperation Agreement.
Santiago Bautista Herman, Business Development
Manager for South Latam at Siemens Energy, emphasized the importance of collaborative alliances in successfully navigating the energy transition towards a low-carbon energy ecosystem. Ing. Felix Sosa, President of ANDE, hailed the
agreement as a crucial milestone in Paraguay’s green hydrogen roadmap. He expressed enthusiasm in working closely with NeoGreen and their partners to maximize the efficient use of renewable energy resources in this emerging industry.
Hydro insights Over in Honduras 200MW from hydropower plants
is projected by 2025, supplying electricity to at least 120,000 homes across the country. While in Nicaragua, the state-owned utility Empresa Nicaraguense de Electricidad is modernising two power plants and seeking financing for two hydropower projects that would add nearly 50MW to the company’s generation capacity. In Ecuador, hydropower provided 73% of the country’s electricity, with two new plants (49MW Sarapullo and 36MW Sabanilla) beginning operation, The government also announced a plan to offer public-private partnerships for ten new hydropower projects with a combined total capacity of 640MW and investment of US$1.52 billion. According to the IHA, Ecuador ranked as the 22nd top country worldwide with 84MW of hydropower capacity added in 2022. In French Guyana, Brazilian company Voltalia is developing a 2.9MW run-of-river hydropower station which is expected to produce 12.7GWh/yr, replacing the current use of diesel generators and reducing the carbon footprint of the municipality by more than 18,000 tonnes of CO2 per year. RC Hydro has begun initial construction work on the 40MW Churo run-of-river hydro project in the Lima region of Peru, with an expected cost of
www.waterpowermagazine.com | August 2023 | 15
Above: Itaipu Dam in Brazil. The country experienced more favourable rainfall in 2022
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