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 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)
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, Brazilian energy behemoth, commissions Chafariz, the 468 MW wind farm in Sertao da Paraiba, Brazil. Source: Renews Biz
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 […]
In 2021, over USD 1.6 trillion in sustainable debt was issued. The market also saw a 100% increase in green bond issuance from 2020 to 2021. Source: BNEF
Colombia’s Ministry of Mines and Energy published draft guidelines governing the exploration, exploitation, and registration of geothermal resources. Source: Ministry of Mines & Energy, Colombia (In Spanish)
Kenesjay Green Ltd (KGL), a Trinidad-based company, completing a Green Hydrogen Country Assessment for Dominica. Working alongside the Climate Resilience Execution Agency for Dominica (CREAD), the assessment will help create a plan to utilize Dominica’s geothermal resources and build long-term resilience into the national economy. Source: Fuel Cell Works
Colombia recently inaugurated the country’s largest wind farm, Guajira 1, which expects to generate around 20MW and had a total investment of about USD 19 million. Elecnor constructed the Guajira 1 wind farm, the first of 16 wind farms to be developed in the area. Source: Power Info Today