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Green hydrogen key as Latin America hits 34GW of offshore wind by 2050
Brazil’s environmental protection agency Ibama in August listed a staggering 169GW in proposed offshore wind projects seeking approval off the country’s almost 8,000km of coast, with Japan’s Shizen Energy the latest company to seek environmental permits, joining sector heavyweights such as the Engie-EDPR joint venture Ocean Winds, Iberdrola, Macquarie's Corio Generation, and oil & gas majors Equinor, Shell and TotalEnergies.
Brazil’s federal government in January laid down first regulations for offshore wind in a decree, assigning planning and permitting competencies to a total of nine different government bodies in South America's largest economy. Stay informed: Hydrogen for Brazil
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Green hydrogen key as Latin America hits 34GW of offshore wind by 2050
Analyst expects first projects to come online in 2032 with Brazil and Colombia as regional pace-setters
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