Fortescue Future Industries and Enel Green Power S.p.A. partner to explore co-development of the green hydrogen value chain in Latin America

November 3, 2022

Fortescue Future Industries and Enel Green Power S.p.A. announced a partnership to explore co-development of the green hydrogen value chain with a focus on Latin America and Australia. Source: Enel Green Power

Chile’s state-owned copper miner, Codelco signed a PPA with Colbun SA to gradually replace coal-based electricity with 100% renewables

November 3, 2022

Colbun SA, the Chilean Utility, has renegotiated a PPA with Codelco, the state owned copper miner, to gradually replace the contracted supply of coal-based electricity with 100% renewables. The contract will last until 2044. Source: Renewables Now

For first time, Chile’s power generation from solar and wind exceeds the production of electricity from coal

November 3, 2022

Chile sets Non Conventional Renewable Energy (NCRE) record by exceeding the production of electricity from coal over a 12-month period with solar and wind power generation. Source: BN Americas

Chile successfully places its first peso-denominated sustainable bonds

November 3, 2022

Chile successfully placed its first sustainable bonds in pesos. The country issued US$1.02 billion in 12 year notes. Source: Latin Finance

The island of Martinique will transform up to 9,000 tons of waste into renewable hydrogen, with the help of Ways2H and VALECOM

November 3, 2022

Ways2H Inc, a global supplier of renewable hydrogen systems, and VALECOM, a Caribbean ecological and energy solutions provider, signed a letter of intent to transform up to 9,000 tons of waste from the Caribbean island of Martinique into renewable hydrogen annually. Source: PR Newswire

Panama, along with SGP BioEnergy, announced plans to add green hydrogen production to an advanced biorefinery

November 3, 2022

The government of Panama, along with SGP BioEnergy, announced they will add green hydrogen production to an advanced biorefinery in development. The facility plans to generate 405,000 metric tons of green hydrogen annually. Source: Reuters

IDB Invest to loan up to US$60 million to Costa Rican lender for green projects

November 3, 2022

IDB Invest is gearing up to grant an A/B loan for up to US$60 million to provide financing for green projects to the Costa Rican lender, Davivienda. Source: Latin Finance

St. Kitts and Nevis announce new plans for geothermal project

November 3, 2022

The St. Kitts and Nevis government has announced new plans for a geothermal project that will help push forward the island’s energy security agenda. The geothermal project will add to their renewable energy mix. Source: Caribbean National Weekly

Enel SpA begins a 399 MW expansion on the 1 GW Lagoa dos Ventos wind complex

November 3, 2022

Enel SpA started construction on a 399 MW expansion of the 1 GW Lagoa dos Ventos wind complex in Brazil. Source: Renewables Now