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Decarbonization

  • 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 […]

  • Enel Chile launches 67 MW BESS system in Santiago

    November 7, 2024

    Enel Chile will soon begin commercial operations of the 67 MW El Manzano battery energy storage system (BESS) in the Santiago Metropolitan Region. This finalizes Enel Chile’s first energy cluster in the capital region, combining the BESS with a nearby solar farm. Source: PV Magazine LATAM

  • Enap and EDF collaborate to explore the export of green ammonia

    October 10, 2024

    Enap and EDF have signed a collaboration agreement to study the use of Enap’s Cabo Negro industrial complex for exporting up to 400,000 tons of green ammonia annually. Source: Reporte Minero

  • 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

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