H2 Peru and the Netherlands: a key alliance for the development of renewable hydrogen in Peru

The following is a machine translation of a H2 Peru release

Lima, November 2024 – In an effort to promote sustainable development and advance the energy transition, H2 Peru, the Peruvian Hydrogen Association, and the Netherlands signed a Memorandum of Understanding (MoU) that marks a milestone in bilateral collaboration for the promotion of renewable hydrogen in Peru.

This agreement establishes a framework for collaboration aimed at promoting a favorable environment for the development of renewable hydrogen, both in its implementation in Peru and in its export to the Netherlands and Europe.

The Memorandum's objectives include the exchange of good practices and regulatory trends, the promotion of technological innovation through international success stories, the creation of spaces for dialogue between public, private and academic sectors to position hydrogen as a key energy vector, and the strengthening of commercial relations throughout its entire value chain, from production to storage, transportation and use.

The signing of this Memorandum consolidates a strategic alliance between Peru and the Netherlands, reaffirming the commitment of both signatories to the global energy transition and positioning renewable hydrogen as a fundamental pillar for sustainable development and industrial growth in the region with global projection.

Quote by DANIEL CÁMAC, President of H2 Peru

"The signing of this MoU with the Netherlands marks a key step towards positioning green hydrogen as a strategic pillar in Peru's energy transition. This agreement not only strengthens our international cooperation, but also lays the foundations for sustainable development that integrates innovation, trade and opportunities for our country."

Quote ALEXANDER KOFMAN, Ambassador of the Kingdom of the Netherlands

“The Netherlands believes that Peru has the potential to become a major hydrogen producer. The Netherlands is developing the entire infrastructure to import this hydrogen and meet the future demand in northwestern Europe and offers Peru a broad portfolio of technologies covering the entire hydrogen value chain. By signing this MoU, the Netherlands hopes to continue the existing technical collaboration and exchange of experiences with H2 Peru to continue contributing to the development of renewable hydrogen in Peru.”