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ITA-LAC Market News

  • ATOME moves to terminate Villeta PPA amid Paraguay dispute

    October 13, 2026

    ATOME has given notice to terminate its 145 MW power purchase agreement with Paraguay’s state-owned utility ANDE, effective at the end of 2026, after the parties failed to agree on a standstill arrangement. The move follows a treaty dispute over the withdrawal of long-term, fixed-price power guarantees. ATOME says it remains in discussions with the […]

  • CAF approves US$120 million for ANCAP modernization and energy transition

    October 11, 2026

    CAF has approved a non-committed credit line of up to US$120 million for ANCAP’s investment plan in Uruguay. Eligible projects span critical-asset modernization, emissions reduction, water and energy efficiency, logistics improvements and cleaner fuels. Source: CAF

  • Mexico and ITA launch clean-industry investment partnership

    October 11, 2026

    Mexico’s environment ministry (Semarnat) and the Industrial Transition Accelerator (ITA) have partnered to bring the Build Clean Now initiative to Mexico, with a 2027 workshop planned to identify industrial decarbonization investment opportunities and address financing barriers. The initiative will support efforts to mobilize US$250 million in Climate Investment Funds concessional financing and an additional US$1.68 […]

  • World Bank backs US$2.86 billion Brazilian industrial decarbonization initiative

    September 27, 2026

    The World Bank Group is supporting a US$2.86 billion industrial decarbonization initiative in Brazil, including US$1.06 billion in World Bank and CIF financing and an expected US$1.8 billion mobilized from other sources. Delivered through BNDES, the program will target low-carbon industrial production, next-generation fuels, and shared hydrogen and ammonia infrastructure. Source: World Bank

  • Renault Geely begins local production of electrified vehicles in Brazil

    September 27, 2026

    Renault Geely do Brasil has begun production of the Geely EX5 EM-i Super Hybrid at its modernized Ayrton Senna Industrial Complex, marking the first locally manufactured Geely vehicle in Brazil. Production of the fully electric Geely EX2 is scheduled to begin at the facility in December 2026. Source: Street Insider

  • Google signs two-million-tonne carbon credit deal for Brazil project

    September 27, 2026

    Google has signed its largest carbon-removal deal to date with Terradot for a project spanning more than 200,000 hectares in Brazil. The project targets one million tonnes of methane-abatement credits by 2030 and one million tonnes of carbon-removal credits by 2040 using enhanced rock weathering. Source: Reuters

  • LAC Clean Energy Coalition launches industrial decarbonization agenda in Alagoas

    September 11, 2026

    FIEA, SENAI Alagoas and WRI Brasil signed a Letter of Intent with the Latin America Clean Energy Coalition to develop solutions for industrial decarbonization through studies, partner mobilization and public-private dialogue. The initiative will focus on renewable energy, bioenergy, biomethane, advanced biofuels and low-carbon hydrogen, with Alagoas serving as a starting point for a broader […]

  • Mexico’s CFE sets US$32.9 billion development program through 2030

    September 11, 2026

    CFE’s 2026–2030 development program outlines MXN 651 billion (US$32.9 billion) of investment in generation, transmission and distribution. The plan includes 18.6 GW of new generation capacity, including 5.48 GW of identified solar projects, 3.13 GW of wind and 582 MW of geothermal capacity, with most new renewable projects expected to involve private-sector participation. Source: PV […]

  • Brimex registers Mexico’s first renewable thermal project for auditable biomethane certificates

    September 11, 2026

    Brimex Energy’s Lagos de Moreno facility became Mexico’s first renewable thermal project registered on the CleanCounts Registry. Following an independent engineering review, the facility can issue Renewable Thermal Certificates for verified renewable thermal energy produced from dairy, swine and tequila-industry waste streams. Source: American Biogas Council

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