Brazil

White Martins to support $5.4B hydrogen hub in Brazil

Industrial gases company White Martins has signed a preliminary agreement with the Pecém Industrial and Port Complex (CIPP)  to support the development of a green hydrogen hub in Brazil. The Port complex, situated 60km from Fortaleza, will be built by Australia’s Enegix Energy following an investment of $5.4B to develop the hub with support from […]

Latin American policymakers commit to hydrogen at inaugural H2LAC

From our Editorial Team

Hydrogen has the potential to change the face of Latin America and the Caribbean for generations to come, transforming its economies and decarbonizing its industries. As we kicked off the first annual Hydrogen Congress for Latin America and the Caribbean (H2LAC), we convened a panel of policymakers to gauge their vision and understand their approach. […]

Eletrobras signs green H2 deal with Siemens

Brazil’s state-controlled utility Eletrobras signed a preliminary agreement with Germany’s Siemens Energy to develop a green hydrogen pilot plant, adding to regional momentum surrounding the emerging resource. Source

Enegix Energy to build $5.4 billion green hydrogen facility in Brazil

Enegix Energy announces the world’s largest green hydrogen plant to be built in Ceará, Brazil, after signing MoU with the state government. Base One facility will produce more than 600 million kg of green hydrogen annually from 3.4GW of baseload renewable energy. Source

New Fortress Energy to acquire Hygo Energy Transition Ltd. and Golar LNG Partners LP in a $5 Billion transaction

New Fortress Energy announced that it has entered into definitive agreements to acquire Hygo Energy Transition Ltd. in Brazil for a combined $5 billion. NFE will become the leading gas-to-power company in Brazil, adding 2700MW of power generation operational or in development and robust customer pipeline in the South American country’s rapidly growing natural gas and […]

Latin American Countries Cooperate In Innovative Plan To Tackle Climate Change In Arid Regions

Brazil launched the Dryland Adaptation Knowledge Initiative in the Gran Chaco Americano, which is shared by Argentina, Bolivia and Paraguay, to identify, evaluate and document the design of policies that promote climate change-resilient agriculture in the three ecoregions, which are home to 37 million people.   Source

Latin American development banks sharpen their sustainability focus

Various development banks in Latin America are increasing their focus on financing linked to an environmental-friendly approach. Among the most exciting is Minas Gerais’ BDMG which will soon become Brazil’s first state-run bank to issue sustainability bonds in line with the UN’s Sustainable Development Goals with support from the IDB. Source

Energy giant Enel says Covid-19 won’t affect plan for renewables portfolio in Latin America

In its latest financial announcement, Italian energy company Enel said the pandemic currently poses “no material disruption” to its renewable project supply chain, and that it expects to meet its 2020 energy targets. The company intends to move forward with plans to add an additional 14.1GW of renewables by 2022, which includes projects in Chile […]

Report: Brazil has 700 GW in offshore wind potential

Brazil has 700 GW in offshore wind potential, a new study shows. The report, Roadmap Eolica Offshore Brasil, indicates that the country would need to adjust for offshore energy projects, including appropriate environmental licensing and vessels. Currently, Brazil has six offshore wind farms in the licensing phase with a combined capacity of 9,715 MW. Source