ITA-LAC Market News - New Energy Events

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
Petrobras advances Latin America’s first saline-reservoir CCS pilot with Halliburton drilling contract
August 27, 2026
Petrobras has signed a contract with Halliburton to drill and complete four onshore wells for the São Tomé CCS Pilot Project in Rio de Janeiro, the first project in Latin America to test carbon capture, transport and storage in a saline reservoir. The pilot aims to capture and store up to 100,000 tonnes of CO₂ […]
Chile approves US$11 billion HNH Energy green ammonia project
August 27, 2026
Chile has granted environmental approval to HNH Energy’s US$11 billion green ammonia project in the Magallanes region, the largest investment ever approved through the country’s environmental assessment system. The project will integrate green hydrogen and ammonia production with wind generation, port and storage infrastructure, and a seawater desalination plant for export to international markets. Source: […]
DP World launches Latin America’s first port shore-power system
August 27, 2026
DP World has commissioned a 7.5 MVA shore-power system at the Port of Callao, allowing compatible vessels to use certified renewable electricity instead of auxiliary engines while at berth. The system, the first of its kind in Latin America, is expected to avoid more than 6,300 tonnes of CO₂-equivalent emissions annually. Source: Global Newswire