Paysandú, Uruguay – HIF Global, the company planning to establish a green hydrogen plant in Paysandú, has announced a preliminary agreement with Mabanaft, a global energy solutions provider, for the long-term purchase and sale of approximately 100,000 tons of e-methanol per year. This deal is part of HIF Global’s e-fuel production portfolio, targeting maritime and
Santiago, Chile – The Chilean Chamber of Construction (CChC) and the National Mining Society (Sonami) have formally criticized the Ministry of Environment’s draft proposal defining governance rules for the implementation of the Escazú Agreement. In a public consultation held between January 10 and February 10, both industry groups raised concerns about significant shortcomings in the
April 2, 2025 – EDP Renewables has announced plans to auction 90 wind turbines and associated equipment initially purchased for two large-scale wind projects in La Guajira, Colombia. This decision confirms the company’s withdrawal from the construction of the Alpha (212 MW) and Beta (280 MW) wind farms, which were set to be Colombia’s largest
Quito, April 2, 2025 – Ecuador’s Esmeraldas III thermal power plant is set to enter its testing phase next week, marking a significant step in boosting the country’s electricity generation capacity. The project, which will add 91 megawatts (MW) to the national grid, is currently 80% complete, according to the Ministry of Energy and Mines.
Santiago, April 2, 2025 – Chile’s electricity matrix reached a new milestone in the first quarter of 2025, with non-conventional renewable energy (NCRE) sources setting a record share in total power generation. Data released by the National Electric Coordinator (CEN) on Tuesday revealed a significant increase in wind and solar energy contributions, while thermal and
Santiago, April 2, 2025 – Chile’s Ministry of Energy, in collaboration with the World Bank, has issued a call for expressions of interest from consulting firms to develop a roadmap for offshore wind energy. The submission deadline is set for April 10, 2025. The initiative aims to outline how offshore wind energy can be integrated
Buenos Aires, April 2, 2025 – In a historic shift for Argentina’s energy sector, the country has successfully completed its first natural gas export to Brazil via Bolivia. This achievement was made possible by increased production from the Vaca Muerta shale formation and the utilization of existing Bolivian pipeline infrastructure. The export was carried out
Montevideo, Uruguay – The Uruguayan government has announced that it will maintain the current system of monthly fuel price adjustments, which has been in place since 2021. However, authorities are evaluating a regulatory change to establish a minimum adjustment period of six months while also reviewing distribution costs. Regulatory Changes and Price Adjustments Minister of
Santiago, Chile – Czech renewable energy company Solek, which controls several solar parks in Chile, has requested a financial restructuring after suspending debt payments to the MW Investiční Fond Sicav fund. The company, led by businessman Zdeněk Sobotka, cited financial difficulties and regulatory uncertainty as key factors behind its decision. Financial Struggles and Debt Issues
Venezuela’s government has extended an open invitation to international oil companies to continue operations in the country, even as U.S. licenses permitting such activities expire. Executive Vice President and Minister of Hydrocarbons Delcy Rodríguez emphasized that firms operating without foreign government-issued licenses are functioning “at full capacity” and that those previously working under U.S. permits