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  • IDB Invest provides US$250 million in financing to Uruguay for improvements on railroad line that connects Montevideo and Paso de Los Toros

    June 15, 2022

    IDB Invest will provide US$250 million in financing for a PPP in Uruguay to improve the railroad line that connects Montevideo and Paso de Los Toros. IDB Invest will provide the funds through a “B” bond transaction, its largest such bond to date. Source: Latin Finance

  • The World Bank to lend US$400 million to Argentina for agricultural infrastructure investments

    June 15, 2022

    Argentina will borrow US$400 million from The World Bank for agricultural infrastructure investments to encourage farm output in the north, boost the incomes of small farmers, and improve food security across the nation. The government will also provide US$100 million in credit, and the private sector will give US$50 million. Source: Latin Finance

  • 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 […]

  • Mexico’s CFE is looking to partner with an experienced company to break into the green hydrogen market

    June 15, 2022

    Mexico’s Federal Electricity Commission (CFE) is looking for a partner to help with its green hydrogen pilot plant. Source: Forbes

  • 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

  • Bosch North America to invest US$1.3 billion in green hydrogen technology

    June 15, 2022

    Bosch North America announces it will invest US$1.3 billion into hydrogen technology by 2025 to adapt to the changing mobility landscape. Source: Forbes

  • Colombia announces tax incentives for zero and low-emission hydrogen developers

    June 15, 2022

    Colombia’s Ministry of Mines and Energy announced new tax incentives for zero and low-emission hydrogen developers. The tax incentives include the deduction of up to 50% in the investment income tax for 15 years. Source: La Republica

  • The US and Caribbean form PACC 2030 initiative to strengthen climate resilience and energy security

    June 15, 2022

    At the Summit of the Americas, the US announced a new initiative – PACC 2030 – to address the climate crisis in the Caribbean. The new initiative will aid in the integration of climate adaptation and resilience and the development of clean energy programs, as well as strengthening energy security. Source: WhiteHouse.gov

  • The University of Panama and Greenwood Energy partner to develop a new utility-scale solar plant in Panama

    June 15, 2022

    The public-private partnership between the University of Panama and Greenwood Energy will bring a new utility-scale solar plant to Panama. The partnership comes with nearly US$30 million in academic and technical support distributed over two decades to support Panama’s renewable energy future. Source: Yahoo! Finance

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