Toyota’s financing division in Mexico received a green loan for US$225 million from a local branch of the Spanish bank, BBVA, to fund loans for hybrid vehicles. Source: Latin Finance
The State of Mexico, Edomex, anticipates the sale of their first sustainable bonds in the local market will raise around US$147 million. Source: Latin Finance
Luz de Tres Picos, an Argentine wind farm operator, successfully placed US$80 million in two-year green bonds in the local market. Source: Latin Finance
Amazon is expanding its renewable energy portfolio with 71 new renewable projects worldwide with 2.7 GW of capacity. This includes their first clean energy project in South America, a 122 MW solar farm in Brazil. Source: Power-Technology
AES Brasil signed a pre-contract with the Pecem Complex to look into the feasibility of manufacturing and selling up to 2 GW of green hydrogen and 800,000 tons of green ammonia annually. Source: Renewables Now
Lightsource bp will receive US$80 million in debt financing from Banco do Brasil through the Northeast Development Fund to fund its Milagres Solar Project. Source: PV Magazine LATAM
Santander will loan Makro Atacadista around US$22 million after the supermarket committed to reducing food waste. Makro Atacadista can use the funds for any purpose, but interest rates will decrease if the supermarket chain meets the goals of donating food and reducing food waste. Source: Capital Reset
Tech group, Wärtsilä will supply two 10MW/10MWh energy storage systems to the Caribbean Utilities Company Ltd (CUC) in the Cayman Islands. The project is CUC’s first energy storage system. Source: Renewables Now
By: Francisca Salas, Hydrogen Program Director, New Energy Events In the wake of Europe’s energy crisis, the hydrogen industry is at the forefront of energy discussions worldwide. The sense of urgency surrounding clean hydrogen development stems from Europe’s inability to produce the amount of energy it needs to produce H2 at scale. Initially, Europe looked […]