Uruguay revealed its national green hydrogen roadmap, aiming to establish a $1.9 billion industry by 2040, with a focus on exporting renewable hydrogen and derivatives. Leveraging its abundant wind and solar resources, Uruguay aims for green hydrogen production costs of $1.2-1.4/kg by 2030. The roadmap envisions 3 GW of domestic green hydrogen demand by 2040, with an additional 6 GW for export, including hydrogen, ammonia, and fuels for aviation and shipping. The initiative anticipates contributing 2% to the country’s GDP, creating over 30,000 jobs, reducing dependence on imported fossil fuels, and decarbonizing industrial sectors. The roadmap unfolds in three phases, emphasizing market development, scaling, and large-scale export production. Fortescue chairman Andrew Forrest pledges a $5 billion investment in a Brazilian…