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Market News

  • CDB Proposes “Financing Ecosystem” to Support its BMC Economies

    February 2, 2022

    The Caribbean Development Bank (CDB) considers launching a “financing ecosystem” to support its Borrowing Member Countries (BMCs) economies. The proposal includes SDR-funded resilience bonds for climate financing and other green bonds designed to meet specific Sustainable Development Goals (SDGs). Source: Market Screener

  • Total Eren Commissions 92 MW Terra Santa and 67.5 MW Maral Wind Farms in Brazil

    February 2, 2022

    Total Eren, an IPP based in Paris, commissioned the Terra Santa and Maral wind farms in Rio Grande do Norte, Brazil. Both wind farms hold a 20-year PPA with the power generator, Cemig GT, and have a total investment of USD 154 million. Together, they will generate 730 GWh per year. Source: Total Eren

  • IFC Loans USD 60 Million to BBVA Peru for Green Building Finance Market

    February 2, 2022

    The International Finance Corporation (IFC) allocated USD 60 million in loans to BBVA Peru to support the launch of a financing market for green buildings in Peru. The loan is IFC’s first green project investment in Peru, supported by the Market Accelerator for Green Construction (MAGC) program. Source: LATAM Green (ES) Source: IFC (EN)

  • CAF Issues USD 382 Million Green Bond

    February 2, 2022

    The Development Bank of Latin America (CAF) issued a green bond in the Swiss market, equivalent to USD 382 million. The funds will be allocated towards clean-mass-transportation projects, renewable energy, and biodiversity protection. Source: LATAM Green (ES) Source: Atalayar (EN)

  • Colombia’s Promigas Initiates Hydrogen Pilot Project

    February 2, 2022

    Promigas, the natural gas company initiates a hydrogen pilot project with plans to become a hydrogen producer. Source: Portafolio (ES)

  • Brazil, Guyana, and Suriname Discuss Integration of Infrastructure

    February 2, 2022

    Government officials initiate discussion of the integration of infrastructure between the neighboring countries of Brazil, Guyana, and Suriname. The interconnection proposal seeks to share the region’s energy and natural resources and involves the development of new roads, bridges, and energy projects.

  • Chile and CORFO Present Prototype of Hydrogen Powered Truck

    February 2, 2022

    Chile presents a prototype for the HYDRA project, a mining truck powered by hydrogen fuel cells and batteries. With the support of CORFO, Chile commissioned Reborn Electric Motors to build the prototype that seeks to replace traditional diesel engines. Source: LATAM Green (ES) Source: IM Mining (EN)  

  • Brazil Establishes Guidelines for Offshore Wind Development

    February 2, 2022

    The Brazilian government established new guidelines for the installation of offshore wind projects. The parameters assign the use of physical spaces and determine the best ways to utilize natural resources for offshore wind energy generation. Source: Upstream Online

  • Neoenergia Begins Operations of 468 MW Charfariz Wind Farm

    February 2, 2022

    Neoenergia, Brazilian energy behemoth, commissions Chafariz, the 468 MW wind farm in Sertao da Paraiba, Brazil. Source: Renews Biz

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