ATOME Energy Buys Land in Paraguay for Hydrogen Plant
ATOME Energy has bought a 75-acre (30-hectare) site in Villeta, Paraguay, for the construction of a green hydrogen and ammonia manufacturing facility.
ATOME has agreed to purchase the site adjacent to the Villeta substation for the project from a local landowner for US$900,000, with completion expected in four months.
According to ATOME, the Villeta facility is ultimately planned to be a 400-megawatt (MW) project in Paraguay, and this site allows for expansion up to that capacity.
It is also adjacent to the Villeta port facilities on the River Paraguay, 35 kilometres from the capital Asuncion, and a waterway to the Atlantic Ocean utilised by neighbouring fertiliser businesses, who are likely to be among the plant's customers.
Olivier Mussat, ATOME’s chief executive, said:
"The large 75-acre footprint not only enables ATOME to have room for future expansion and facilitation of storage, but it also gives ATOME the scale to grow its business footprint and attract associated industries and provide new sustainable jobs.”
ATOME added chair Peter Levine is to speak at Invest in Paraguay on 8 September 2022 alongside the president of power company ANDE and the Paraguayan general director of ITAIPU BINACIONAL, the second largest-hydroelectric dam in the world, a position previously held by James Spalding, now president of ATOME Paraguay.