IDB Invest issues sustainable bonds to fund infrastructure and projects in Latin America

March 28, 2024

IDB Invest recently issued two sustainable bonds in local currency. One was valued at 2.5 billion Mexican pesos (about US$150 million) while the other was valued at 40 billion Colombian pesos (around US$10 million). The funds will be directed towards promoting inclusive financing and providing support for essential infrastructure projects in transportation, renewable energy, telecommunications, […]

BBVA Perú secures US$250 million loan for sustainable building projects

March 28, 2024

BBVA Perú has secured a US$250 million loan from the International Finance Corporation (IFC) and the Japan International Cooperation Agency (JICA). The funding will be directed towards supporting sustainable building projects through lending initiatives. Source: Latin Finance

Bahamas seeks accountability for climate change

March 28, 2024

The Bahamas has submitted a request to the International Court of Justice (ICJ) to hold countries accountable for climate change. This submission follows the country’s support for a UN Resolution seeking an advisory opinion on states’ obligations regarding climate change. Source: Tribune242

Grenergy Renovables SA launches 200 MW solar farm in Chile

March 28, 2024

Grenergy Renovables SA inaugurated a 200 MW solar farm in Chile. The plant consists of 367,200 solar panels and will supply electricity to over 136,000 homes. Source: Renewables Now

Eletrobras partners with Paul Wurth do Brasil to collaborate on renewable hydrogen initiatives

March 28, 2024

Eletrobras has entered into a memorandum of understanding with engineering consulting firm Paul Wurth do Brasil to collaborate on renewable hydrogen initiatives. This partnership includes plans to construct and operate a 10 MW plant for green hydrogen and oxygen production. Source: Renewables Now

Neoenergia signs agreement with Rio de Janeiro government for offshore wind power exploration

March 28, 2024

Brazilian utility company Neoenergia SA has entered into an agreement with the government of Rio de Janeiro state to explore offshore wind power projects. The MoU outlines plans for conducting studies on offshore wind generation in the state’s coastal region. Source: Renewables Now

Peru approves law to promote green hydrogen

March 28, 2024

Peru has passed a law promoting green hydrogen in the country. The law aims to foster research, development, production, and utilization of green hydrogen as a fuel and an energy source. Source: energiaestrategica

Mexico’s Ministry of Energy publishes guidelines on hydrogen

March 28, 2024

Mexcio’s Ministry of Energy recently published guidelines on hydrogen, including promotion of the market, development, and use cases. Source: Energiaadebate

Petrobras explores potential of natural hydrogen

March 28, 2024

Petrobras, Brazil’s state-owned oil company, is exploring the potential of natural hydrogen as a cost-effective and low-emission alternative for clean hydrogen production. Source: Hydrogen Insight