Hygreen Energy secures funding to build electrolyzer plant in Chile

Chile is set to benefit from an ambitious new project spearheaded by Hygreen Energy, a leading global electrolyzer manufacturer. On March 21, 2025, Corfo, Chile's economic development agency, awarded financing to Hygreen Energy following its proposal that received the highest score in a competitive evaluation process. This electrolyzer production facility will not only enhance Hygreen's manufacturing capabilities but is also a pivotal part of Chile's strategy to become a leader in the sustainable energy market. With abundant solar and wind resources, Chile is an ideal location for such an initiative. The project, named Hygreen BioBío H2V, is designed to leverage Hygreen Energy's expertise in electrolyzer manufacturing while collaborating with local companies in Chile. As the demand for green hydrogen technology grows globally, this facility will play a significant role in supporting the development of this clean fuel, which has the potential to revolutionize various industries, including transportation and power generation. Set to create hundreds of jobs during both the construction and operational phases, the new plant will contribute significantly to the local economy. The construction and implementation will occur over five years, with operations anticipated to begin in 2026. Benny Wang, CEO of Hygreen Energy, expressed pride in being chosen for this transformative project that underlines the company's commitment to cleaner energy and international customer support. Chile's unique renewable energy potential positions it perfectly for this project, enhancing the country's goals to harness green hydrogen efficiently. The electrolyzers produced at this facility will be crucial in producing clean energy, thereby aiding the global transition towards sustainable practices, aligning with Hygreen Energy's mission to drive the world's clean energy transition.