Uruguay

IDB Invest strengthens Uruguay’s national power system with renewable energy production

IDB Invest, a member of the IDB Group, has provided a $67 million financial package for Tealov S.R.L (Tealov), a Uruguayan special purpose company (SPV) sponsored by Invenergy Renewables Global LLC (Invenergy) to develop the Cardal Transmission Project in Uruguay. The financial package includes a $11.5 million loan and a $55.5 million B-bond, acquired in […]

A new energy sector emerges in the LAC region

A growing number of countries in Latin America and the Caribbean are gearing up to produce clean hydrogen, driven by their abundant renewable energy resources, the need to decarbonize their economies, and the huge potential for hydrogen exports. Just how far along is the region’s nascent hydrogen sector? A new Hydrogen Economy Index found a […]

Uruguay tops Latin American transition to environment friendly energy sources

Uruguay continues to be Latin America’s leading country regarding energy transition towards renewable sources, according to an index released jointly this week by the World Economic Forum and the Accenture consultancy firm. Source

Latin American policymakers commit to hydrogen at inaugural H2LAC

From our Editorial Team

Hydrogen has the potential to change the face of Latin America and the Caribbean for generations to come, transforming its economies and decarbonizing its industries. As we kicked off the first annual Hydrogen Congress for Latin America and the Caribbean (H2LAC), we convened a panel of policymakers to gauge their vision and understand their approach. […]

Uruguay to export wind energy to Argentina

Wind farm developer Ventus and Argentinian energy trader, Saesa, have signed a deal to export electricity through their respective energy companies. As Uruguay’s wind sector expands, with total capacity expected to hit 1.2GW by the end of 2016, the opportunity to trade with Latin American neighbor has become even more promising. Argentina has a deep […]