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Decarbonisation

  • AES Andes cancels US$10 billion INNA green hydrogen project in Chile

    February 6, 2026

    AES Andes has cancelled its proposed US$10 billion INNA green hydrogen and ammonia project in northern Chile after reviewing its project portfolio. The company will instead prioritize expanding renewable energy generation and battery energy storage systems, aligning with its US parent company’s strategy. AES Andes emphasized that the decision does not diminish Chile’s long-term potential […]

  • Santiago cable car to run fully on IREC-certified renewable energy

    January 22, 2026

    Santiago’s iconic cable car will operate entirely on renewable energy under a new agreement between its operator, Turistik, and energy company Colbún. The deal provides 850 MWh of clean, IREC-certified electricity each year, sourced from Colbún’s renewable assets across Chile. Source: PV Magazine LATAM

  • Uruguay advances US$5.3 billion HIF e-fuels project

    December 4, 2025

    HIF Global has received environmental location feasibility approval from Uruguay’s Ministry of Environment for its US$5.3 billion e-fuels project in Paysandú, confirming the site’s suitability and authorizing the company to proceed with detailed environmental assessments. The project is on track to become Latin America’s first commercial e-fuels facility. Source: Renewables Now

  • Green Climate Fund approves US$50M for ATOME’s Villeta green fertiliser project in Paraguay

    July 9, 2025

    ATOME Energy has secured US$50 million in concessional financing from the Green Climate Fund (GCF) for its US$630 million Villeta green fertiliser project in Paraguay, marking a major step toward final investment decision. The funding, provided through the International Finance Corporation (IFC), will reduce capital costs, enhance project bankability, and support the decarbonization of fertiliser […]

  • HIF Global begins assembling DAC unit at Haru Oni, the first e-fuels plant outside Europe to integrate the technology

    July 9, 2025

    HIF Global has begun assembling a direct air capture (DAC) unit at its Haru Oni e-fuels facility in southern Chile, in partnership with Porsche. The unit will remove 600 tonnes of CO₂ annually from the atmosphere to combine with green hydrogen for synthetic fuel production. Once operational, Haru Oni will be the first e-fuels plant […]

  • BNDES approves US$26 million for biogas plants at Grupo Piracanjuba to cut emissions

    March 13, 2025

    BNDES has approved US$26 million in financing for four industrial effluent treatment plants with biogas production at Grupo Piracanjuba’s facilities. The funding will also support the replacement of fossil fuel-based boilers at two factories. Once operational, the plants will produce up to 11.7 million cubic meters of biogas annually, offsetting approximately 152,700 tonnes of CO2 […]

  • Brazil launches US$17.1M initiative for zero energy public sector projects

    February 6, 2025

    Brazil’s Ministry of Mines and Energy (MME) and ENBPar have launched a US$17.1 million public call for Zero Energy projects in the public sector under the Procel program. The initiative aims to improve energy efficiency in government buildings through renovations and distributed renewable generation, prioritizing administrative, education, and health facilities. Source: PV Magazine LATAM

  • Brazil launches energy transition program to boost renewables and sustainability

    February 6, 2025

    The Brazilian government has established the Energy Transition Acceleration Program (Paten) to promote sustainability and renewable energy adoption. The program includes a Green Fund, managed by BNDES, allowing companies to use federal receivables as collateral to finance low-carbon projects. Paten also supports energy infrastructure modernization, carbon capture research, and workforce training, positioning Brazil as a […]

  • Central Puerto and YPF Luz invest in sustainable energy infrastructure for Argentina’s mining sector

    January 23, 2025

    Central Puerto and YPF Luz are partnering on a high-voltage transmission project to support mining operations in Argentina’s Puna region, with an investment of $250 to $400 million. The project includes a 140 to 350-kilometre transmission line to deliver sustainable, clean energy to mining sites and surrounding communities. It also aims to integrate key regions […]

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