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Latin America

  • South Korea asks for Chile’s help in joining Latin America trade bloc, includes green hydrogen boost

    July 21, 2021

    Foreign Minister Chung Eui-yong asked for Chile’s cooperation in South Korea’s bid to join a regional trade bloc in Latin America, the foreign ministry said Wednesday. Chung made the call during in-person bilateral talks with Chilean Foreign Minister Andrés Allamand in Seoul earlier in the day, as Seoul is seeking to become an associate member […]

  • EU unveils new 40% renewables target for 2030 and green hydrogen mandates

    July 21, 2021

    The European Commission (EC) has unveiled its long-awaited Fit for 55 package — a series of proposals that aim to put the policies in place that will enable the EU to reduce its greenhouse gas emissions by at least 55% (compared to 1990 levels) by 2030. These include a new target of 40% of the […]

  • Canadian Solar Wins 45 Mw Solar Battery Storage Project For Barranquilla, Colombia

    July 21, 2021

    Canadian Solar Inc. yesterday announced it has been awarded the first utility-scale battery storage project in Colombia. The 45 megawatt-hour project was awarded in a public tender launched by Colombia’s Ministry of Energy and Mines, via its affiliate UPME, the Mining and Energy Planning Unit. Located in the city of Barranquilla in northern Colombia, this project […]

  • Growth with equity, the priority in the post-pandemic agenda for Latin America and the Caribbean

    July 14, 2021

    The pandemic has hit the Latin American and Caribbean region hard. Economies contracted more in 2020 than at any other time in over a century. For 2021, we expect a partial recovery. Nevertheless, the best way out of this crisis would be one in which the region can overcome the low growth that persisted before […]

  • As South American LNG demand soars, New Fortress secures gas supply through 2027

    July 14, 2021

    New Fortress Energy Inc. (NFE) has reached an agreement for liquefied natural gas (LNG) supply through 2027 for most of its import terminals and power generation facilities. The company has nine import terminals in operation or under development in the Caribbean, Central America, Mexico and South America. It imports LNG in underserved markets where it’s […]

  • Joint statement of Chile and The Netherlands on collaboration in the field of green hydrogen import and export

    July 14, 2021

    The Minister of Energy of Chile, Mr Juan Carlos Jobet Eluchans, and the State Secretary for Economic Affairs and Climate Policy of the Netherlands, Ms Dilan Yeşilgöz-Zegerius, met in The Hague on the 1st of July to exchange views on the role of hydrogen in the energy transition and on future collaboration. In the joint […]

  • Island Resilience Action Challenge

    How much renewables expansion is needed for a global green hydrogen economy?

    July 14, 2021

    Hydrogen is increasingly being touted as the molecule of choice for the energy systems of the future. It has a vast range of potential applications, from heating to long-distance transportation to steel production, and “green hydrogen” can be produced with renewable energy. But using solar or wind power to split water into hydrogen and oxygen […]

  • Government of Ceará and Qair Brasil sign agreement to develop renewable energy projects with an investment of almost $7B

    July 7, 2021

    Governor Camilo Santana signed a Memorandum of Understanding between the Government of Ceará department and the multinational Qair Brasil for the development of a green hydrogen production plant with electricity generated through the Wind Complex Marítimo Dragão do Mar and an offshore wind energy park. The total planned investment is US$ 6.95 billion, generating 2,000 […]

  • Chile’s green lessons for emerging markets

    July 5, 2021

    According to the Editorial Board at the Financial Times, the dash for hydrogen shows that fossil fuels are not the only route to prosperity. They write, “there is, however, a notable exception to this climate-blind rush in Latin America towards hydrocarbons. Chile has put together one of the world’s most ambitious plans for renewable energy, […]

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