ITALAC Market News

Report highlights electrification and hydrogen as key solutions for decarbonizing heavy road transport

May 14, 2026

A new report from the World Intellectual Property Organization and the International Renewable Energy Agency highlights that electrification and hydrogen are emerging as key solutions for decarbonizing heavy road transport, which remains heavily reliant on fossil fuels. Source: PV Magazine LATAM

IDB Invest backs Paraguay’s first green hydrogen fertilizer project with US$420 million financing package

March 19, 2026

IDB Invest has structured a US$420 million debt financing package to support Project Villeta, Paraguay’s first green hydrogen-based fertilizer plant, with total investment reaching approximately US$650 million. The project will use Paraguay’s renewable hydroelectric power to produce and export fertilizers, strengthening regional agricultural supply chains and positioning the country as a leader in green hydrogen. […]

HIF Global advances US$5.3 billion e-fuels project in Uruguay with environmental submission

March 19, 2026

HIF Global has advanced its US$5.3 billion e-fuels project in Paysandú, Uruguay, by submitting its environmental impact study as part of the approval process. HIF plans to produce up to 876,000 tonnes of e-methanol annually while recycling significant CO₂ emissions. The project is expected to generate around 1,400 construction jobs and 300 operational roles, with […]