Decarbonization - New Energy Events

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 […]
Ecuador unveils US$2.43 billion energy expansion plan with 1.47 GW of renewables
February 28, 2025
Ecuador has unveiled its 2025-2030 electric power expansion plan, targeting 1,471 MW of new hydro, solar, wind, and geothermal capacity, along with proposed nuclear energy investments. The US$2.43 billion initiative includes 23 projects in partnership with private companies, with solar energy leading at 963 MW and US$913 million in investment. Source: BNAmericas
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 […]
Uruguay seeks consulting bids for green hydrogen environmental strategy
January 23, 2025
Uruguay’s energy ministry is accepting bids until January 27 for consulting services to support the development of a strategic environmental evaluation process for green hydrogen projects. This initiative aims to guide the country’s efforts in advancing its green hydrogen strategy. Source: BNAmericas
São Paulo metro secures 15-year renewable energy deal to power trains and cut emissions
January 23, 2025
The São Paulo Metro has signed a 15-year contract with CGN Brasil and Pontoon Energia to supply renewable energy from the Lagoa do Barro Complex in Piauí, powering trains on key metro lines starting in 2027. The initiative, expected to save nearly US$2 million will also prevent over 200,000 tons of CO₂ emissions, promoting sustainability […]
Vale and GreenIron partner to advance decarbonization in mining and metals
January 23, 2025
Vale and GreenIron have signed an MOU to advance decarbonization in the mining and metals supply chain. The partnership includes a feasibility study for a direct reduction facility in Brazil using GreenIron’s green hydrogen-compatible technology. Source: Vale
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 […]
Colombia introduces new pricing mechanism for electricity market
December 6, 2024
Colombia’s government has introduced a new pricing mechanism for electricity on the country’s energy exchange, aiming to stabilize prices. Under the new rules, plants with low operating costs, such as those powered by coal, hydro, solar, and wind, will face significantly lower price caps. In contrast, high-cost plants using natural gas, diesel, or imported fuels […]