Decarbonization - Page 3 of 6 - New Energy Events

Brazil enacts ‘Fuel of the Future’ law to boost sustainable fuel usage and reduce emissions
October 10, 2024
Brazilian President Luiz Inácio de Silva has enacted the “Fuel of the Future” law, enhancing the blending requirements for ethanol and biodiesel while mandating sustainable aviation fuel (SAF) use starting in 2027. The legislation aims for a 10% emissions reduction from airlines by 2037 and focuses on promoting low-carbon fuels and advancing vehicle technology for […]
Mexico aims for 45% renewable energy generation by 2030
October 10, 2024
Mexico plans to achieve 45% renewable energy generation by 2030 and will limit crude oil production, prioritizing domestic consumption. The government aims to enhance access to solar PV technology and strengthen refineries to boost national production of petrochemicals and fertilizers Source: Enerdata
McEwen Copper signs MoU with YPF Luz for 100% renewable energy at Los Azules Project in Argentina
August 29, 2024
McEwen Copper Inc has signed an MoU with Argentine power producer YPF Luz to ensure 100% renewable energy for its Los Azules copper project in San Juan province, Argentina. YPF Luz will be responsible for designing, financing, and constructing a high-voltage transmission line to connect the project to the SADI national grid. Source: Renewables Now
Codelco secures US$532 million climate financing for full decarbonization by 2030
August 15, 2024
Codelco has secured US$532 million in climate financing from Crédit Agricole CIB, with backing from the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group. This historic financing will support Codelco’s plan to decarbonize its entire energy matrix by 2030, including renewing electricity supply contracts with renewable energy sources. Source: America Economia
Antofagasta Minerals and ABB collaborate to electrify and automate mining operations in Chile for net zero emissions
August 15, 2024
Antofagasta Minerals and ABB have signed a Memorandum of Understanding (MoU) to advance decarbonization efforts in Chile’s mining sector. The partnership will focus on electrifying and automating mining operations, with the goal of developing and implementing a net zero emission haulage solution. Source: New.ABB
Gogoro Partners with Terpel to launch battery-swapping infrastructure in Colombia, promoting sustainable mobility
August 15, 2024
Taiwanese electric scooter company Gogoro is expanding globally, with a new venture in South America. Gogoro has partnered with Colombian fuel and lubricant specialist Terpel to introduce its battery-swapping infrastructure across Colombia. Source: MSN
Guyana signs US$8.6 million contract for National Control Centre of Gas-to-Energy Project
August 1, 2024
The Guyanese government has signed an US$8.6 million contract with Power China to build the National Control Centre for the Gas-to-Energy (GtE) project. The building will be crucial for managing the GtE project and is expected to be completed within 13 months. The project aims to reduce electricity costs by 50% by 2025. Source: Oil […]
Asunción to introduce first 30 electric buses by end of 2024
August 1, 2024
Asunción’s public transport network will see the introduction of its first 30 electric buses by the end of 2024. This initiative is part of a larger plan which is targeting 1,000 electric buses. Source: BNAmericas
Codelco secures US$532 million in climate financing to support full decarbonization by 2030
August 1, 2024
Chile’s state-owned copper company, Codelco, has secured US$532 million in climate financing from Crédit Agricole CIB, with a guarantee from the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group. The funds will support Codelco’s plan to fully decarbonize its energy matrix by 2030, which includes transitioning to renewable energy sources. Source: America Economia