Industry Analysis - Page 117 of 143

Colombia establishes new rules for the development of the hydrogen market and a permitting process for geothermal exploration and exploitation
July 27, 2022
Colombia’s Ministry of Mines and Energy established new rules that provide a framework for the development of the hydrogen market and established a permitting process and requirements for requesting geothermal exploration and exploitation permits. They also created a geothermal registry to record geothermal exploration and exploitation permits. Source: ThinkGeoEnergy
Unigel builds the first industrial scale green hydrogen plant in Brazil
July 27, 2022
Unigel, one of the largest chemical companies in Latin America and the largest manufacturer of nitrogen fertilizers in Brazil, installed the first industrial scale green hydrogen plant in Brazil. The project’s development cost a total of US$120 million. Source: Global Energy Infrastructure
The Government of Ceara signed an MoU with Enel to assess the potential for development of 400 MW of green hydrogen
July 27, 2022
The Brazilian state of Ceara signed an MoU with Enel Energy Brazil to assess the potential for the development of 400 MW green hydrogen projects in the region. If feasible, Enel’s project would form part of Ceara’s green hydrogen hub. Source: Renewables Now
Turtle Beach Island Resort in Belize will swap its diesel backup generation for a battery-powered clean energy system
July 27, 2022
Turtle Beach Island Resort in Belize will switch from a diesel backup generation to a battery-powered clean energy system. The On.Energy Battery Energy Storage System (BESS) will allow the resort to eliminate its reliance on fossil fuels. Source: Alt Energy Mag
Cubico Sustainable Investments acquired two Uruguayan wind farms with a combined capacity of around 100 MW
July 27, 2022
Cubico Sustainable Investments acquired two on-shore wind farms in Uruguay with a combined capacity of more than 100 MW. Source: Renewables Now
Electron Energy and Kroma Energia started development on a 101 MW solar farm facility in Pernambuco
July 27, 2022
Electron Energy and Kroma Energia partner to develop a 101 MW solar farm facility in Pernambuco. The project, which has commenced, will have four solar farms. Source: Renewables Now
Brazil adds 137.2 MW of wind and solar power capacity across the country in one month
July 27, 2022
Brazil adds 137.2 MW of wind and solar power capacity in June. They added 87.6 MW of wind and 49.6 MW of solar power across the country. Source: News Hub
The IDB provided Colombia a US$300 million loan for sustainable projects
July 27, 2022
Colombia received a US$300 million loan from the IDB for sustainable projects to reduce greenhouse gas emissions and create more jobs. The proceeds will be used to strengthen government policies in the agricultural, forestry, energy, and transportations sectors. Source: Latin Finance
Petrobas signed its first sustainability-linked loan for US$1.25 billion
July 27, 2022
Petrobas signed its first sustainability-linked loan for US$1.25 billion with plans to use the proceeds on projects to lower emissions. Source: Latin Finance