Peru Approves Environmental Study for $12.5 Billion Green Hydrogen Plant

Peru has approved an environmental impact study for a $12.5 billion green hydrogen plant, developed by Horizonte de Verano, to be constructed in Arequipa, commencing in 2026.

Peru’s government has sanctioned an environmental impact study for a substantial green hydrogen plant, which is projected to require an investment of $12.5 billion. This announcement was made by Production Minister Sergio Gonzalez in a recent press conference. The facility, developed by the firm Horizonte de Verano, is poised to occupy a 12,000-hectare site situated in the southern region of Arequipa, with construction anticipated to commence in 2026.

The approval of the environmental study represents a significant advancement for Peru’s green energy initiatives. The green hydrogen plant, initiated by Horizonte de Verano, underscores the country’s commitment to sustainable energy solutions and economic development, with construction slated to begin in 2026.

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