Uruguay eyes 20GW of renewables for green hydrogen push

Facebook
Twitter
LinkedIn
Reddit
Email
Omar Paganini, minister of industry, energy and mining of Uruguay, presented the country’s green hydrogen roadmap last week. Image: MIEM.

Uruguay has launched its green hydrogen roadmap that will see the country aim to install 20GW of renewables as well as 10GW of electrolysers by 2040.

The ministry of industry, energy and mining (MIEM) is eyeing for the country’s green hydrogen industry to have a turnover of more than US$2.1 billion by 2040, coming mainly from the export of hydrogen and green fuels.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

By 2025, Uruguay aims to reach 200-500MW of renewables for hydrogen production, with the first pilot projects aimed at the transport industry and export, before installing 2-4GW by 2030.

Moreover, the production cost of green hydrogen in the country by 2030 is expected to drop to US$1.2-1.4/kg, positioning it near prices of other important green hydrogen markets like Spain, Australia and Algeria.

“We are hoping this is the beginning of a long work that will change the production profile of the country in a positive way. From our understanding, this is a great opportunity,” said Omar Paganini, minister of industry, energy and mining.

Earlier this year Uruguay launched a US$10 million fund to promote green hydrogen projects in the next ten years and received ten applications which are currently being processed.

Read Next

September 29, 2025
Australia's CER has disclosed that 1.5GW of new renewable energy capacity in the NEM received authorisation in the second quarter of 2025.
September 23, 2025
Australia’s NEM set a new instantaneous renewables share record of 78.6% on 22 September, surpassing the previous day's record of 77.9%.
August 31, 2025
Renewables developer and independent power producer (IPP) TagEnergy has acquired Australian developer ACE Power, adding 6GW of renewable energy and storage projects to its portfolio.
August 12, 2025
Australia’s New South Wales has increased its renewable energy targets to 16GW of new clean power generation by 2030 and 42GWh of long-duration energy storage (LDES) by 2034.
August 1, 2025
Dutch pension fund APG has agreed to provide Octopus Australia with AU$1 billion to support its solar, wind, and BESS portfolio.
July 31, 2025
Lucy Nation has said bp paid the price for proceeding “too quickly,” resulting in its exit from the 26GW AREH project in Pilbara.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA
Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland