GREEN ENERGY
Harnessing Chile’s Natural Power
Harnessing the Power
of Nature
Chile's Atacama Desert is renowned for its exceptional solar radiation, making it one of the best locations globally for solar power generation.
Hacienda Castilla aims to leverage this natural advantage to power green hydrogen production facility. By using advanced solar panels spread over 220,000 hectares, Hacienda Castilla has the potential to maximize energy efficiency and minimize costs, ensuring the hydrogen production is both green and economically viable. This optimal location not only provides abundant renewable energy but also offers a strategic gateway for exporting green hydrogen, green ammonia or other green fuels to global markets.
ADVANTAGES
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Reliable Environment: Situated in the Atacama Desert, known for the world's highest solar radiation levels. Extensive studies confirm optimal solar and wind conditions, providing a reliable and high-yield environment for renewable energy projects.
Vast resources: 35,000+ hectares available for solar panel installations and access to both underground and seawater resources.
Infrastructure Ready: Pre-existing high voltage transmission lines and substations facilitate immediate operational efficiency and cost-effectiveness.
Minimal Energy Loss: The average distance from the PV field to the port is just 55 km, and from the GH2 plant to the port is 1-6 km, ensuring efficient energy transmission and minimal losses.
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Estimated production costs for green hydrogen at Hacienda Castilla are $1.2 USD per kg, significantly lower than the global average range of $3 to $6.5 USD per kg.
Future potential for even lower costs as technology advances.
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CO2 Estimated Savings to be 350,000+ tons annually.
Huge potential for carbon credits, enhancing environmental and economic benefits.
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With 45,000+ hectares of land suitable for green energy production and enough wind to generate green energy during the night, Hacienda Castilla offers an opportunity to produce up to 26.5 GW of electrolysis capacity or up to 2.000.000 tons of green hydrogen per year.
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Favorable Regulations: Chile’s supportive regulatory environment for renewable energy projects and the strong governmental backing for sustainable initiatives add an extra layer of security.
Advanced Technology
& Expertise
Hacienda Castilla’s commitment to innovation is evident in its adoption of cutting-edge technologies and methodologies. The aim is to utilize state-of-the-art electrolysis systems that maximize efficiency while minimizing environmental impact. This focus on advanced technology allows to produce green hydrogen with minimal energy loss and a smaller carbon footprint, aligning with global efforts to transition to cleaner energy sources.
Hacienda Castilla's location in the Atacama region offers a unique advantage, with high solar radiation levels and extensive infrastructure, including high-capacity solar power installations. This synergy between solar energy production and hydrogen generation capabilities is crucial in achieving low-cost production targets.
Strategic Location
& Infrastructure
Financial Viability
& Environmental Impact
Green hydrogen production at Hacienda Castilla not only provides a competitive edge with a cost estimated at $1.2 USD per kg but also aligns with Chile’s Green Hydrogen Action Plan 2023-2030. The project's financial metrics are robust, with an impressive NPV of $6.3 billion and an IRR ranging from 24% to 32%, making it an attractive investment opportunity. Moreover, the environmental benefits are significant, with an estimated CO2 savings of 362,901 tons per year.
$1.2 USD per kg estimated: Cost of green hydrogen production
$6.3 Billion: Net Present Value
24% - 32%: Internal Rate of Return
362,901 tons: Estimated annual CO2 savings
Future-Proofing the Energy Market
As the world shifts towards cleaner energy sources, the demand for green hydrogen is set to soar, with projections reaching 200 million tons by 2050.
Hacienda Castilla is poised to meet this demand with its scalable production capabilities and potential for expansion into downstream processing. Our commitment to innovation and responsible stewardship ensures that not only current market needs are met but also positions Hacienda Castilla in a prime spot for future opportunities.
Our Commitment to Responsible Stewardship
& Innovation
At Hacienda Castilla, responsible stewardship and innovation is at the core of everything we do. From utilizing renewable energy sources to implementing eco-friendly production methods, we are dedicated to creating a positive impact on the environment.
Hacienda Castilla’s green hydrogen projects are a testament to this commitment, offering a clean alternative to fossil fuels and contributing to the reduction of greenhouse gas emissions.
Together, we can drive innovation in the energy sector and pave the way for a brighter future.
