Latin America - Page 2 of 35 - New Energy Events

Chile rejects Mitsui and Shell’s plans for a US$650 million power plant in the Atacama desert
June 15, 2022
Chile’s government rejected plans from Mitsui and Shell to build a US$650 million power plant that would run on liquefied natural gas in the Atacama desert. Construction on the project would have started this year. However, after reviewing fifteen objections, a group of Ministers rejected the project on fears that it would threaten the local […]
Chile seeks low-cost policy options to decarbonize its power sectors
June 15, 2022
Chile’s government promises to close all the coal-fired power plants in the region by 2025. They are also seeking additional low-cost policy options to decarbonize the power sectors. Source: Clean Energy News
CABEI and other regional multilaterals commit to US$50 billion to support climate change action across LAC.
June 15, 2022
At the Summit of the Americas, CABEI and other regional multilateral organizations like the IDB, CAF, and CDB announced they will invest US$50 billion to support climate change action in the LAC region over the next five years. Source: BCIE
BNDES seeks smaller – but more – stakes in infrastructure projects
June 15, 2022
The Brazilian development bank (BNDES) will focus on infrastructure projects but seeks smaller stakes in each to distribute capital to more projects. They are also trying to attract private sector banks to this non-recourse project finance model. Source: BNAmericas
The Institute for Environmental Analytics annunced an MoU with the Suriname Energy Chamber (SEC), in collaboration with the Caribbean Climate-Smart Accelerator (CCSA) for a study using its renewable generation software
June 15, 2022
The Institute for Environmental Analytics announced an MoU with the Suriname Energy Chamber (SEC), in collaboration with the Caribbean Climate-Smart Accelerator (CCSA), to conduct a pilot study in Suriname using its EnergyMetric renewable generation modeling software. Source: Ace Media
Colombia launches taxonomy to support green finance growth
April 18, 2022
Colombia has launched a green taxonomy aimed to support the growth of its green financing market. Designed to create transparency and clarity around what constitutes green and sustainable investments, the taxonomy comprises an integral component of Colombia’s bid to be carbon neutral by 2050. Source: Argus Media
Enel secures USD 650 million loan facility from EIB-Global for green investments in Latin America
April 18, 2022
Enel has secured US$650 million from the European Investment Bank’s development branch EIB-Global for green investments in Latin America. Enel Green Power Peru will receive US$130 million of the loan facility to implement wind and solar projects. The remainder of the funds will support the Enel Group’s sustainable investments in Brazil and Colombia. Source: Renews […]
Engie and Posco sign agreement to explore green hydrogen development opportunities
March 15, 2022
Engie, the global low-carbon energy company, and Posco, the South Korean steel manufacturer, signed an agreement to explore the joint development opportunities for green hydrogen and related infrastructure in the Middle East, Australia, and Latin America. Source: Trade Arabia
BNP Paribas SA Estimates USD 880 billion in Green Bond Sales Worldwide
January 19, 2022
Latin America is estimated to be the world’s largest developing issuer of new ESG debt. BNP Paribas SA, one of the largest underwriters of ESG (Environmental, Social and Governance)-linked bonds, projects USD 880 billion in green bond sales worldwide, including USD 265 billion from emerging markets in 2022. Around 40% of all Latin American bond […]