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Decarbonization

  • 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

  • IDB announces US$300 million loan to support Pará State’s goal of net-zero emissions by 2050

    August 1, 2024

    The Inter-American Development Bank has announced a US$300 million public policy-based loan (PBL) to support the Brazilian state of Pará’s initiative to cut greenhouse gas emissions. The program aims to help Pará achieve net-zero emissions by 2050 through public policy reforms. Source: BNAmericas

  • St. Kitts and Nevis launches ‘SKN-100’ project for rapid energy sector decarbonisation

    July 19, 2024

    St. Kitts and Nevis (SKN) has launched the ‘SKN-100’ project, funded by the Global Environment Facility (GEF), aimed at achieving 100% renewable electricity and high energy efficiency in public buildings within three years. Managed by the United Nations Environment Programme (UNEP) and executed by the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) in […]

  • AES plans to decarbonize its operations and add 2 GW of renewable energy in Latin America by 2024

    April 27, 2023

    AES is planning to eliminate coal from its portfolio and expand in generation and storage assets in Latin America. They plan to add 2 GW of renewable energy in Latin America by 2024. Source: Energia Estrategica

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