Latin America emerges as a leader in green hydrogen development by 2050

In recent years, Latin America has taken significant steps to establish itself as a leader in the green hydrogen market, with more than 200 projects currently under development. By July 22, 2025, the region has seen an estimated investment of up to $300 billion aimed at promoting sustainability through low-emission hydrogen production. Green hydrogen, generated from renewable energy sources such as solar and wind power, presents a promising opportunity to reshape both the energy and economic landscapes of the region. This innovative hydrogen production method has the potential to supply energy for transportation and various industries while minimizing environmental impact. Countries like Chile, Brazil, Colombia, Argentina, Costa Rica, and Peru have emerged as frontrunners in this burgeoning industry. For example, the Haru Oni project in southern Chile converts wind energy into hydrogen and then into synthetic fuel, capable of powering vehicles. Colombia is making strides with plans in the La Guajira region, leveraging strong winds and consistent sunlight to create a production zone that could serve both domestic and export markets. By 2050, Argentina, Chile, and Bolivia anticipate combined annual hydrogen exports exceeding 9 million tons, which highlights the vast potential this market holds for economic growth and job creation. Despite the optimism, challenges remain, including regulatory hurdles, a lack of skilled labor, investment risks, and infrastructure shortfalls necessary for production, storage, and transport of hydrogen. To address these challenges, organizations such as the Inter-American Development Bank and OLADE are advocating for training programs for technicians and fostering regulatory environments conducive to investment. As Andrés Rebolledo Smitmans noted, realizing the hydrogen industry's potential will depend on strategic political alignment, sustained commitment from investors, and a long-term vision for the future of energy in the region.