Ecuador successfully places a new blue bond that will provide US$12 million a year to the conservation of the Galapagos Islands. The US$656 million debt-for-nature deal has been dubbed the “Galapagos Bond” and will run until 2041. Source: Reuters
Brazil launches the Brazilian Pact for Renewable Hydrogen, which was signed by the Brazilian Association of Wind Energy and New Technologies (Abeeólica), the Brazilian Association of Photovoltaic Solar Energy (Absolar), the Brazilian Association of Biogas (Abiogás) and the Brazil-German Chamber of Commerce and Industry of Rio de Janeiro (AHK Rio). Source: PV Magazine LATAM
Brazil’s state-run oil and gas company, Petrobras, and China Energy International partner to analyze joint business opportunities in renewable energy and green hydrogen production. Source: Renewables Now
Brazilian solar power maker, Sengi Solar, signed an agreement with the government of the state of Parana to develop a green hydrogen production facility. The project will cost around US$10 million. Source: Renewables Now
The Brazilian Minister of Mines and Energy, Alexandre Silveira, presented the Electricity Transmission Grants Plan (POTEE), which consists of a US$11.2 billion investment into the construction of renewable power transmission infrastructure in the Northeast region. There will be three auctions, the first starting in the first half of this year. Source: Renewables Now
Enel Green Power Chile received approval to start commercial operation at its 162.8-MW net Valle del Sol solar photovoltaic plant in Antofagasta. Source: Renewables Now
Brazil added 507.8 MW of wind, solar, and hydropower generation capacity in April. Overall, the country added 1,643 MW of wind and 1,243.4 MW of solar sources in the first four months of the year. Source: Renewables Now
