Chile

AES Andes to supply solar and wind to power Microsoft datacenter in Chile

April 14, 2022

Chilean electricity distributor AES Andes has entered into a renewable energy purchase agreement (REPA) with global technology giant Microsoft to supply solar and wind energy to power the Microsoft datacenter in Chile. Source: Taiyang News

The Republic of Chile issued the world’s first sovereign sustainability-linked bond

March 29, 2022

The Republic of Chile issued the world’s first sovereign sustainability-linked bond, a US$2 billion 4.35% note due March 2042. The bond was listed on the London Stock Exchange’s International Securities Market and Sustainable Bond Market.  Source: The London Stock Exchange 

Colombia signs MOU with Port of Rotterdam to supply hydrogen

February 26, 2022

Colombia signed a memorandum with the Port of Rotterdam to supply hydrogen. The Port of Rotterdam also formed green hydrogen agreements with Chile and Brazil, making Colombia the third point of supply. Source: Power Engineering International

InterEnergy Group Refinances its USD 42 Million PMGD Portfolio in Chile

January 24, 2022

InterEnergy Group is refinancing its combined wind and solar PMGD portfolio in Chile, worth USD 48.2 million through the private placement of bonds. Source: InterEnergy  

Chile Predicts H2 Magallanes Facility will Produce 888,000 Tons of Green Hydrogen Per Year

January 19, 2022

After Chinese oil and gas company Sinopec announced the development of a massive green hydrogen facility that will produce about 20,000 tons of green hydrogen per year, Chile announced a larger green hydrogen project, H2 Magallanes. Chile predicts the project will produce around 888,000 tons per year. Source: Hydrogen Fuel News

CEGA Uses FIC-R Award to Develop Low-Temperature Geothermal Energy Project

January 17, 2022

After being awarded the Innovation Fund for Regional Competitiveness (FIC-R), The Center of Excellence in Geothermal Energy of the Andes (CEGA) plans to expand its implementation of projects for the use of low-temperature geothermal energy. One of the projects they’re developing will use shallow geothermal energy and operate at one of the lowest costs in […]

CORFO Provides USD 10 Million to ENGIE SA for the Development of the First Green Ammonia Production Plant in Chile

January 17, 2022

CORFO has chosen six of the twelve proposals presented in their first call for applications to develop green hydrogen production plants in Chile. The projects will receive total development contributions of US$50 million. The proposals include the development of the first green ammonia production plant in Chile.   Source: International Mining

Matrix Renewables Closes Financing for 328-MW Solar Distributed Generation Portfolio in Chile

January 14, 2022

Matrix Renewables, a Madrid-based renewable energy platform backed by the global alternative asset manager, TPG, closed a non-recourse, long-term financing agreement for 328 MW of solar-distributed generation (DG) projects in Chile. Out of the 48 photovoltaic projects in Chile’s PMGD program (projects with a generation capacity surplus lower than or equal to 9,000 kW), the […]

Chile and Bolivia resume dialogue for possible electricity integration

January 5, 2022

Representatives of the Ministries of Energy of Chile and Bolivia have resumed talks to develop an electrical interconnection study, which will be financed by the Inter-American Development Bank (IDB). The geothermal industry is a potential big winner. Source: ThinkGeoEnergy