Latin America

Trammo, AustriaEnergy and Oekowind Sign Memorandum of Understanding for Exclusive Green Ammonia & Green Hydrogen Offtake in Chile

Trammo DMCC, a subsidiary of Trammo, Inc., a leading global commodities merchandising and trading company, and ASOE Chile Diez SpA, a company owned by AustriaEnergy Group which manages renewable projects from development through construction and operation, signed a Memorandum of Understanding for an exclusive green ammonia offtake of the entire output of a green hydrogen/green […]

Hard-hit by COVID-19, Latin America seen skimping on climate cash

Latin America is investing too little in a green economic recovery from COVID-19, with only 2% of the region’s stimulus funds being spent on projects that help fight climate change, new data from Oxford University showed. Last year, 33 Latin American and Caribbean nations allocated $318 billion to fiscal and stimulus measures, but the tiny […]

Threatened Caribbean coral reefs get a new ally: the insurance industry

As climate change threatens coral reefs around the world, conservation experts in Latin America have enlisted an unlikely ally to try to preserve them: the insurance industry.   Source

NeoEnergia and Brazil’s Pernambuco state government enter into MOU for the production of green hydrogen

Neoenergia and Brazil’s Pernambuco State Government signed today (6/10) a Memorandum of Understanding (MOU) to build cooperation for the development of a pilot project for green hydrogen production at the Suape Port – Complexo Industrial Portuário Governador Eraldo Gueiros. The initiative expects to find opportunities to enable demand for the product and prepare Suape Port […]

Mexico plans to develop electrolyzers locally to boost hydrogen in the region

The National Institute of Electricity and Clean Energy (INEEL) announced it is turning to hydrogen generation as a priority of the their clean energy transition to promote this type of technology in the country. INEEL is particularly interested in the application of hydrogen to generate electricity. Currently, they are focused on a project with the […]

World Clean Energy Summit: Chile will lead a new green hydrogen mission

Chile’s Biminister of Energy and Mines, Juan Carlos Jobet announced announced that Chile, along with Australia, the United Kingdom and the European Union, will lead the new clean hydrogen mission. According to Jobet the mission has three pillars, (1) foster research and development focused on the innovation of technologies and industrial processes. (2) Development of […]

Brazil’s Elera to invest US$790M in renewables

 Elera Renováveis plans to invest almost 4bn reais (US$790mn) in Brazilian hydro, solar and wind power projects in 2021-22, a company spokesperson announced.   Source

Chile inaugurates Latin America’s first thermosolar plant

Chile on Tuesday inaugurated Latin America’s first-ever thermosolar energy plant, a vast complex dubbed Cerro Dominador in the Atacama desert that gives a boost to the country’s quest for carbon-neutrality by 2050. Source

First Energy Earthshot aims to slash the cost of clean hydrogen by 80% to $1 per kilogram in a decade

U.S. Secretary of Energy Jennifer M. Granholm today launched the U.S. Department of Energy’s (DOE) Energy Earthshots Initiative, to accelerate breakthroughs of more abundant, affordable, and reliable clean energy solutions within the decade. The first Energy Earthshot—Hydrogen Shot—seeks to reduce the cost of clean hydrogen by 80% to $1 per kilogram in one decade. Achieving […]