The PPA contracts power from the Itaipu hydroelectric dam
Paraguayan green fertiliser project signs hydropower PPA
Neogreen plans to progress to Feed and take FID on the project by the end of 2023
Green hydrogen developer Neogreen has signed a long-term 75MW baseload power-purchase agreement (PPA) with Paraguayan national electricity company Ande for a green hydrogen and fertiliser project. The project aims to produce 10,000t/yr of green hydrogen, which will be converted into ammonium nitrate for fertiliser feedstock. The fertiliser will supply both Paraguay’s domestic agricultural market and exports to neighbouring countries via river. Neogreen plans to site the project near the port at Tres Fronteras—where Paraguay, Brazil and Argentina converge. Ande has agreed to supply electricity from the Itaipu hydroelectric dam at “the lowest commercial rate”, according to Neogreen. With the P
Also in this section
31 March 2025
Saudi Aramco’s blue hydrogen progress is a clear reminder that energy companies pivoting in search of greater returns may not be throwing the H₂ baby out with the bathwater
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
27 March 2025
Region has all the ingredients to become a green hydrogen powerhouse but faces plenty of barriers and stiff competition
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
