Industry Analysis - Page 118 of 152

Neoenergia will work with Prumo to develop a study for the production of offshore green hydrogen in Rio
October 5, 2022
Neonenergia signed an MoU with Brazilian logistics player, Prumo, to develop a study regarding the production of green hydrogen and offshore wind generation in the Act Port area in the state of Rio de Janeiro. Source: Renewables Now
CGN Brasil Energia e Participacoes and mining company Sul Americana de Metais are developing an 800 MW solar park in the state of Minas Gerais
October 5, 2022
The state of Minas Gerais in Brazil and Invest Minas authorized an agreement between CGN Brasil Energia e Participacoes and mining company, Sul Americana de Metais for the development of an 800 MW solar park in the region. The project requires around US$554 million in investment. Source: Renewables Now
Toyota’s financing division in Mexico received a loan from BBVA to fund loans for hybrid vehicles
October 5, 2022
Toyota’s financing division in Mexico received a green loan for US$225 million from a local branch of the Spanish bank, BBVA, to fund loans for hybrid vehicles. Source: Latin Finance
Mexico state Edomex expects to raise around US$147 million through the sale of their first sustainable bonds
October 5, 2022
The State of Mexico, Edomex, anticipates the sale of their first sustainable bonds in the local market will raise around US$147 million. Source: Latin Finance
Argentinian wind farm operator successfully places US$80 million in green bonds into local market
October 5, 2022
Luz de Tres Picos, an Argentine wind farm operator, successfully placed US$80 million in two-year green bonds in the local market. Source: Latin Finance
Amazon is developing its first renewable energy project in South America, a 122 MW solar farm in Brazil
October 5, 2022
Amazon is expanding its renewable energy portfolio with 71 new renewable projects worldwide with 2.7 GW of capacity. This includes their first clean energy project in South America, a 122 MW solar farm in Brazil. Source: Power-Technology
AES Brasil signs pre-contract with the Pecem Compex to assess the viability of manufacturing and selling green hydrogen and green ammonia
October 5, 2022
AES Brasil signed a pre-contract with the Pecem Complex to look into the feasibility of manufacturing and selling up to 2 GW of green hydrogen and 800,000 tons of green ammonia annually. Source: Renewables Now
Banco do Brasil will provide US$80 million in debt financing to Lightsource bp for its Milagres Solar project
October 5, 2022
Lightsource bp will receive US$80 million in debt financing from Banco do Brasil through the Northeast Development Fund to fund its Milagres Solar Project. Source: PV Magazine LATAM
Makro Atacadita commits to reduce food waste in order to receive loan from Santander for around US$22 million
October 5, 2022
Santander will loan Makro Atacadista around US$22 million after the supermarket committed to reducing food waste. Makro Atacadista can use the funds for any purpose, but interest rates will decrease if the supermarket chain meets the goals of donating food and reducing food waste. Source: Capital Reset