Panama seeks investment and collaboration opportunities in the green hydrogen sector

This National Energy Secretariat release was published using machine translation.

In search of investment and cooperation opportunities, in addition to presenting the progress of the Green Hydrogen Hub Master Plan and its derivatives, the National Secretariat of Energy (SNE), headed by Engineer Rosilena Lindo Riggs, met with various leaders of the region during its first and second day of work at the World Green Hydrogen Summit, achieving a total of 26 meetings.

The work agenda, which has as its meeting point Rotterdam, Netherlands, began on its first day with the discussion panel called, “Navigating Challenges: Recipes for Overcoming Infrastructure, Regulation, Financing of Barriers for Hydrogen Cleanup and Development in Latin America and the Caribbean", was moderated by the specialist, Energy leader of the Inter-American Development Bank (IDB), Christian Gischler and represented by the countries of Peru, Chile, Uruguay, Colombia and Panama.

Then, Engineer Lindo held meetings with representatives of the Governments of Andalusia, Namibia, Holland, Germany, the Shell company and the Port of Rotterdam, with the purpose of strengthening bilateral ties and achieving strategic collaboration alliances for the promotion and development of the green hydrogen industry in the country.

In addition, several technical and engineering companies were present on the first day, mostly from the Netherlands, but also solar energy companies, and major oil companies represented by British Petroleum (BP), Shell, and Equinor.

During the second day, the World Hydrogen 2024 conference, the topic has focused on discussions to accelerate the renewable hydrogen industry, technology, infrastructure and financing.

The panel for this day focused on Hydrogen in the Americas, included the participation of the Minister of Industry, Energy and Mining of Uruguay, Elisa Facio; US State Department Deputy Assistant Secretary Anna Shpitsberg; the Minister of Industry, Energy and Technology of Canada, Andrew Parsons and the National Secretary of Energy of Panama, Rosilena Lindo, was also moderated by the CEO of Green Energy Park, Bart Biebuyck.

The day continued with an enriching conversation between Panama and Uruguay, where the development of a Memorandum of Understanding (MOU) was agreed with the Minister of Energy of Uruguay, Elisa Facio, thus confirming the commitment of both nations to promote joint initiatives aimed at promote the renewable hydrogen economy.

Subsequently, the process of developing the Action Plan to implement an MOU with Chile began, beginning with a collaboration with the province of Antofagasta in this country, the first place to serve as a development center for the circular economy of green hydrogen.

The Panamanian representative highlighted in her interventions that the objective of the Green Hydrogen Hub Master Plan is to support the implementation of the National Green Hydrogen Strategy and its derivatives, through the evaluation of the strategic options and the viability for Panama to become in a maritime supply center for green hydrogen for maritime transport.

He reaffirmed that the initiative, which is part of the country's Energy Transition Agenda, aims to position Panama as the global route for green hydrogen, enhancing its geographical location and infrastructure to supply the logistics, domestic, maritime, air and transportation sectors with renewable energy. land.

Secretary Lindo reiterated Panama's interest in adding more companies for the development of green hydrogen production and storage infrastructure in the Isthmus, since the country offers advantageous conditions for foreign investments.

The World Hydrogen Summit is the event where leaders from the public and private sectors come together to showcase, discuss, collaborate and do business to advance the hydrogen industry. In addition, leaders, executives from the private sector, as well as ministers and ministerial representatives from the 5 continents are present, and on the part of America, the countries of Colombia, Chile, Peru, Argentina, Brazil, Mexico, Uruguay, the United States, and Canada are present. and Panama.