Chile’s Ministry of Energy granted two geothermal exploration licenses to Transmark Chile SpA, expanding the country’s geothermal development. This decision reinforces Chile’s commitment to leveraging its geothermal potential along the Pacific Ring of Fire. Source: ThinGeoEnergy
Colombia’s new framework will enhance geothermal energy development by implementing a competitive process for awarding exploration and exploitation permits. The new framework strengthens environmental protection, community engagement, and infrastructure access while ensuring economic viability and advancing drilling techniques. Source: ThinkGeoEnergy
Uruguay’s energy ministry is accepting bids until January 27 for consulting services to support the development of a strategic environmental evaluation process for green hydrogen projects. This initiative aims to guide the country’s efforts in advancing its green hydrogen strategy. Source: BNAmericas
Mitsui O.S.K. Lines (MOL) has invested US$25 million in The Reforestation Fund I, LP, a forestry fund focused on Latin America, as part of its goal to achieve net zero emissions by 2050. Managed by BTG Pactual Timberland Investment Group, the fund supports carbon credit generation through reforestation and forest conservation, while promoting biodiversity, local […]
Elera Renováveis has completed the expansion of the Janaúba Solar Complex in Minas Gerais, adding 422 MWp for a total capacity of 1,617 MWp, powering 1.2 million homes. The US$823.5 million project includes 27 photovoltaic plants, created 15,000 jobs, and supports socio-economic development with training programs, including initiatives for women, and a family farming project […]
The São Paulo Metro has signed a 15-year contract with CGN Brasil and Pontoon Energia to supply renewable energy from the Lagoa do Barro Complex in Piauí, powering trains on key metro lines starting in 2027. The initiative, expected to save nearly US$2 million will also prevent over 200,000 tons of CO₂ emissions, promoting sustainability […]
The Geocycle plant in Cartago, Costa Rica, the largest of its kind in Latin America, processes waste equivalent to that generated by an entire city using co-processing technology to support sustainable cement production. A newly installed 718.62 kW photovoltaic system, developed by GoSolar, features 1,218 solar panels and generates approximately 942.8 MWh annually, further advancing […]
Vale and GreenIron have signed an MOU to advance decarbonization in the mining and metals supply chain. The partnership includes a feasibility study for a direct reduction facility in Brazil using GreenIron’s green hydrogen-compatible technology. Source: Vale
The Brazilian Development Bank (BNDES) has approved US$79.57 million in financing to expand sugarcane ethanol production and biomass energy capacity at CMAA’s Vale do Pontal facility in Minas Gerais. Source: Ethanol Producer