Decarbonization - New Energy Events

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 […]
Dominican Republic enhances institutional coordination for hydrocarbon development
January 22, 2026
The Dominican Republic has strengthened institutional coordination for developing its hydrocarbon sector by signing a memorandum of understanding between the Ministry of Energy and Mines and the state-owned Refinería Dominicana de Petróleo (Refidomsa). The agreement sets up technical cooperation, joint protocols, and regular coordination mechanisms to advance exploration and management of oil and gas resources, […]
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
Sumitomo and Be8 partner to supply SAF from Paraguay to Northern Europe
December 4, 2025
Sumitomo Corporation do Brasil and Brazilian biodiesel producer Be8 have formed a partnership to distribute sustainable aviation fuel (SAF) in Northern Europe, supplied from Be8’s Omega Green plant in Paraguay. The agreement includes joint development of fuel distribution infrastructure to support the region’s growing demand. 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 […]
Chile to propose 2025 bill to advance coal phase-out target to 2035
June 13, 2025
Chilean President Gabriel Boric announced plans to introduce a bill in the second half of 2025 to accelerate the country’s coal phase-out, aiming to move the target from 2040 to 2035 or earlier. Source: Renewables Now
Brazil tops global ranking for industrial decarbonization funding under CIF program
May 29, 2025
Brazil ranked first among 26 countries in the selection process for the Climate Investment Funds (CIF) Industry Decarbonization Program, affirming its leadership in advancing industrial decarbonization. Brazil’s proposal, submitted to access CIF financing, focuses on reducing emissions in high-impact sectors such as steel, cement, aluminum, and chemicals. Source: PV Magazine LATAM
M4S builds Latin America’s highest-altitude solar plant to replace diesel use
May 29, 2025
Peruvian company M4S is constructing Latin America’s highest-altitude on-grid solar plant. With a capacity of 603 kWp, the plant will help displace over 265,000 liters of diesel annually. Source: PV Magazine LATAM