CAF Issues USD 382 Million Green Bond

February 2, 2022

The Development Bank of Latin America (CAF) issued a green bond in the Swiss market, equivalent to USD 382 million. The funds will be allocated towards clean-mass-transportation projects, renewable energy, and biodiversity protection. Source: LATAM Green (ES) Source: Atalayar (EN)

Colombia’s Promigas Initiates Hydrogen Pilot Project

February 2, 2022

Promigas, the natural gas company initiates a hydrogen pilot project with plans to become a hydrogen producer. Source: Portafolio (ES)

Brazil, Guyana, and Suriname Discuss Integration of Infrastructure

February 2, 2022

Government officials initiate discussion of the integration of infrastructure between the neighboring countries of Brazil, Guyana, and Suriname. The interconnection proposal seeks to share the region’s energy and natural resources and involves the development of new roads, bridges, and energy projects.

Chile and CORFO Present Prototype of Hydrogen Powered Truck

February 2, 2022

Chile presents a prototype for the HYDRA project, a mining truck powered by hydrogen fuel cells and batteries. With the support of CORFO, Chile commissioned Reborn Electric Motors to build the prototype that seeks to replace traditional diesel engines. Source: LATAM Green (ES) Source: IM Mining (EN)  

Brazil Establishes Guidelines for Offshore Wind Development

February 2, 2022

The Brazilian government established new guidelines for the installation of offshore wind projects. The parameters assign the use of physical spaces and determine the best ways to utilize natural resources for offshore wind energy generation. Source: Upstream Online

Neoenergia Begins Operations of 468 MW Charfariz Wind Farm

February 2, 2022

Neoenergia, Brazilian energy behemoth, commissions Chafariz, the 468 MW wind farm in Sertao da Paraiba, Brazil. Source: Renews Biz

IMF Reduces 2022 Economic Growth Estimate for Latin America and the Caribbean

February 1, 2022

The International Monetary Fund (IMF) lowered its 2022 economic growth forecast for Brazil and Mexico, the two largest economies in Latin America, by 1.2 percentage points each. The estimate for the entirety of Latin America and the Caribbean was also lowered by 0.6 percentage points to 2.4%, although Argentina is estimated to have a 0.5 […]