Brazilian energy company CPFL Energia announced plans for a green hydrogen pilot project in Rio Grande do Norte in partnership with cement producer Mizu Cimentos. The group is investing US$7.9 million to support a more sustainable energy matrix. Source: Renewables Now
Fuella AS, backed by Allianz Capital Partners, has secured a significant area within the hydrogen hub at Porto do Açu in Rio de Janeiro, Brazil, for the construction of a green ammonia plant with up to 520 MW capacity. Source: Renewables Now
Brazilian energy firms Comerc Energia and KWP Energia have partnered to sell electricity from a new 112 MWp floating solar park to low-voltage consumers in the Sao Paulo metropolitan area. Source: Renewables Now
Atlas Renewable Energy has secured US$275.3 million in financing, coordinated by Itau BBA, for a 787 MWp solar project in Brazil. The solar complex is expected to start operations in 2025. Source: Renewables Now
McEwen Copper Inc has signed an MoU with Argentine power producer YPF Luz to ensure 100% renewable energy for its Los Azules copper project in San Juan province, Argentina. YPF Luz will be responsible for designing, financing, and constructing a high-voltage transmission line to connect the project to the SADI national grid. Source: Renewables Now
Brazil’s Superintendency for the Development of the Northeast (Sudene) has approved US$48.6 million in financing for 164 MW of solar and wind energy projects in the region. The funds will support one wind project and three solar projects. Source: Renewables Now
Codelco has secured US$532 million in climate financing from Crédit Agricole CIB, with backing from the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group. This historic financing will support Codelco’s plan to decarbonize its entire energy matrix by 2030, including renewing electricity supply contracts with renewable energy sources. Source: America Economia
Antofagasta Minerals and ABB have signed a Memorandum of Understanding (MoU) to advance decarbonization efforts in Chile’s mining sector. The partnership will focus on electrifying and automating mining operations, with the goal of developing and implementing a net zero emission haulage solution. Source: New.ABB
Neoenergia has announced the formation of a joint venture with Spanish company Carbon2Nature, specializing in nature-based solutions (NBS) for carbon credit generation. The joint venture aims to implement reforestation projects in Brazil, including replanting, forest management, and mangrove conservation. Source: NeoEnergia