Uruguay

Syzygy Plasmonics and Velocys launch pioneering 500,000-gallon SAF project in Uruguay

Syzygy Plasmonics selects Velocys Fischer-Tropsch technology to equip the first commercial NovaSAF 1 plant, turning dairy waste biogas into sustainable aviation fuel.

Arctech Brazil obtains FINAME certification and accelerates its regional expansion

Arctech Brazil has received FINAME certification from the National Bank for Economic and Social Development, making financing more accessible for its solar trackers and consolidating its role in the Latin American solar market.

Latin America’s six largest economies accelerate transition to renewables

Brazil, Mexico, Argentina, Colombia, Chile, and Peru significantly increase renewable electricity production, reaching nearly 70% of the regional electricity mix, according to a recent Wood Mackenzie study on Latin America's energy sector.
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Argentina forecasts 180 Mmcd to become regional supplier and major LNG exporter

According to a Wood Mackenzie report, Argentina could achieve daily gas production of 180 million cubic metres per day by 2040, aiming to become a key regional supplier and a significant exporter of liquefied natural gas.

Argentina restricts industrial gas amid historic cold snap

Facing the lowest temperatures recorded in 30 years, the Argentine government announces reductions in natural gas supply to industries to meet the exceptional rise in residential energy demand across the country.

Global Oil Exploration Investments Decline, a First Since 2020

Oil companies may reduce their exploration and production budgets in 2025, driven by geopolitical tensions and financial caution, according to a new report by U.S. banking group JP Morgan.
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Russia ready to deliver liquefied natural gas to Mexico

Russia positions itself to supply liquefied natural gas to Mexico and considers expanded technological sharing in the energy sector, according to Russian Energy Minister Sergey Tsivilyov.

Global carbon coverage reaches 28%, compliance demand triples

Global emissions coverage by carbon pricing systems reaches 28%, driven by expanding compliance markets, where demand nearly tripled within one year, according to a World Bank report.

Mexico targets $1.6bn in annual savings by cutting US gas purchases

Mexico could eliminate imports of 384 billion cubic feet of gas per year by reaching 45% clean electricity by 2030, according to Ember.
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Incat launches 130-metre electric ferry in Australia for Buquebus

Shipbuilder Incat has unveiled a 130-metre electric catamaran designed for Buquebus, intended to connect Montevideo to Buenos Aires with a capacity of 2,100 passengers.

The United States Falling Behind in Wind Energy: A Risk of Losing Ground to China

The United States, with only 10% of its electricity generated by wind in 2023, risks being surpassed by China, according to a report from the think tank Ember. Europe, on the other hand, is making significant progress.

EU-Mercosur Agreement: A Fragile Balance Between Energy Opportunities and Environmental Challenges

The EU-Mercosur agreement promises strategic access to critical resources for green energy. However, it raises concerns about deforestation and pressures on biodiversity, potentially compromising Europe’s climate commitments.
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Maxeon reorganizes its operations to focus on the U.S. solar market

Maxeon Solar Technologies announces a strategic restructuring of its business portfolio, refocusing its operations on the U.S. market while transferring its international activities to the TCL Group.

Petrobras explores opportunities in the Argentine oil and gas sector

The Brazilian oil giant Petrobras is considering a return to Argentina, drawn by the potential of Vaca Muerta and a new energy cooperation agreement between the two nations.

Commissioner Simson highlights the importance of green hydrogen in the energy transition between the EU and Uruguay

During the fifth European Energy Investment Forum in Uruguay, Commissioner Simson emphasized the cooperation between the EU and Uruguay in developing green hydrogen and advancing the energy transition.
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Five emerging countries dominate the voluntary carbon credits market

Colombia, Kenya, Cambodia, Mexico and Peru are the leaders in the voluntary carbon credit market, thanks to regulatory advances and investor-friendly policies.

Reforms in Mexico: Challenges and opportunities for the oil and gas sector

Mexico's oil and gas sector faces controversial legal reforms, threatening judicial independence and democracy. Companies are calling for greater cooperation to exploit national resources and reduce dependence on imports.

Argentina increases gas exports to Brazil and Chile

Argentina is expanding its natural gas exports from Vaca Muerta to Brazil and Chile, bolstered by new transport infrastructure and increased production.
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Storm Francine: Risks for the U.S. Gulf energy sector

Francine, now a tropical storm, is approaching the Gulf of Mexico and threatening vital energy infrastructure, including refineries and offshore platforms.

Mexico relaunches Lakach: a risky bet on offshore gas

Mexico, via Pemex, takes over the Lakach offshore gas project to reduce its dependence on imported gas. Analysts express doubts about the profitability and strategic choices of this development.

Engie and Macquarie join forces to extend Mexico’s Mayakan gas pipeline

Engie and Macquarie Asset Management collaborate to expand the Mayakan gas pipeline, aiming to reduce CO2 emissions by 7.4 million tonnes per year.

South America: onshore wind capacity to double in 10 years

Onshore wind capacity in South America will reach 79 GW by 2033, boosted by 40 GW of new installations, according to Wood Mackenzie.

Eni Discovers 400 Million Barrels of Hydrocarbons in the Gulf of Mexico

ENI announces a major oil and gas discovery in Area 9 of the Gulf of Mexico, with an estimated potential of between 300 and 400 million barrels.
Eni Découvre 400 Millions de Barils d'Hydrocarbures dans le Golfe du Mexique.

Aslan Energy launches 35,000-hectare hydrogen project in Sonora, Mexico

Aslan Energy Capital signs an MOU to develop a 35,000-hectare green hydrogen and ammonia production project in Sonora, Mexico.

Solar panel recycling market to reach $626 million by 2033

The global solar panel recycling market is expected to reach 626 million USD by 2033, with annual growth of 14.3%, driven by the increase in solar installations and regulations.

Offshore drilling failure for Equinor in Argentina

Equinor's first offshore well in Argentina, Argerich-1, showed no clear sign of hydrocarbons. In-depth analyses will be carried out over the coming months to assess the area's potential.
Échec de Forage Offshore pour Equinor en Argentine.

Unexpected rise in US oil inventories: demand in decline

U.S. crude oil inventories rose by 3.6 million barrels, surprising analysts who were forecasting a decline, due to weakening demand and reduced exports.

Neoen inaugurates its first solar farm in Canada: Fox Coulee in Alberta

Neoen launches Fox Coulee solar farm in Alberta, strengthening its presence in the Canadian energy market

Nordex Group secures orders for 172 MW in Germany

Nordex Group recently won orders for eleven N163/6.X turbines, marking an important milestone in the German wind energy market. The largest project, in Lower Saxony, includes the supply of these turbines to a wind farm.
Nordex Group sécurise des commandes pour 172 MW en Allemagne.

Climate Pressure, 80% of the World’s Population Demands Action

An international survey reveals that 80% of the world's population is calling for stricter climate measures from governments, a demand that is growing particularly in poorer countries.

TotalEnergies and EDF: NGO actions upheld on appeal

The Paris Court of Appeal has ruled that the NGOs' actions against TotalEnergies and EDF are admissible, paving the way for an in-depth examination of these multinationals' due diligence plans.

Recurrent Energy and SPIC inaugurate a 446MWp solar complex in Brazil

Recurrent Energy and SPIC launch the 446 MWp Marangatu Solar Complex in Brazil, a milestone for the Brazilian energy sector.
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Mexico: Revised Renewable Capacity Targets from 2024 to 2038

Mexico is revising its renewable capacity targets, increasing wind and reducing solar, which could influence the I-REC market.

Mexico plans to end energy liberalization

Claudia Sheinbaum, Mexico's new president, is preparing a constitutional reform to dismantle the 2013 energy liberalization. His congressional alliance won a supermajority, paving the way for radical change.

France: Inauguration of the world’s first fuel cell plant

Hydrogène de France (HDF Energy) inaugurates a pioneering plant in Blanquefort, aiming to mass-produce high-power fuel cells by 2026.
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Spain: partnership for a solar project in the Tabernas desert

Ingeteam and Grenergy launch a solar project in the Tabernas desert, aiming to reduce CO2 emissions by more than 127,380 tonnes a year.

Mexico: major energy challenges in the run-up to the presidential election

In the run-up to the presidential elections, Mexico faces complex energy challenges, requiring a reassessment of private investment and a transition to renewable energies.

FRV launches 600MW photovoltaic projects in Finland

FRV joins forces with Will & Must to develop 600MW of photovoltaic projects in Finland, marking a first foray into the Nordic countries for this leading renewable energy company.
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TC Energy reports lower earnings

TC Energy announces earnings of $1.2 billion for the first quarter of 2024, unveiling major infrastructure projects.

Gálvez Ruiz promises to revitalize Mexico’s electricity market

Xóchitl Gálvez Ruiz, currently second in the Mexican presidential polls, plans to revive the electricity market by resuming long-term auctions if elected in June.