January 26, 2024
Within Our Network
Congratulations to #TeamSistecrédito on unveiling the new roster for 2024. Your dedication to youth empowerment showcases a commitment to pedaling towards success.
Wishing you a triumphant journey ahead! #SistecréditoSuccess
LATAM Highlights
Brazil
Petrobras aims to secure stakes in domestic wind and solar projects, with the goal of achieving a 2 GW renewable portfolio, as outlined in their plan reported by Reuters.
Colombia
Colombia's oil sector finds itself at a crossroads, navigating the balance between green ambitions and the expansion of the industry, according to a report from Oil Price.
Argentina
Navigating legislative hurdles, Milei's Argentina 'Omnibus' bill advances after clearing its initial stage, as reported by Reuters.
Chile
Chile takes the first step towards reforming the private pension system, according to the Financial Times.
Peru
Verano Energy presents a permit application for the Peruvian green hydrogen and ammonia gigaproject, as reported by Energy Global.
Panama
Panama announces a 500MW renewables and energy storage auction, as disclosed by PV Tech.
Ecuador
Government crackdown intensifies with soldiers raiding an Ecuador prison amid escalating violence, as reported by Al Jazeera.
Venezuela
Venezuela opposition presidential candidate announces alliance and seeks election date, as disclosed by Reuters.
Notable Transactions in Our Space
US gas station owner Sunoco agreed to acquire pipeline and fuel storage company NuStar Energy for $7.3B in an all-stock deal.
Canadian climate investor ArcTern Ventures raises $335M for climate fund.
World’s first Green Steel plant secures $4.6 billion in debt funding.
Essential Read
The recent IEA report, Renewables 2023, forecasts the deployment of renewable energy technologies and provides detailed country-level analysis on the progress towards the global tripling target.
Podcast Spotlight
What’s driving the big surge in US oil production? This podcast discusses the state of US supply and what it means for OPEC.
Stat of the Week
Unveiling Cigar Lake, Canada: the leading uranium producer, according to the Visual Capitalist. The world's largest uranium mine, mining 105 million pounds since 2014, powering the future of nuclear energy.
Our LinkedIn Updates and Posts
- Explore Europe's nuclear renaissance: UK's quadrupling of nuclear power, France's new reactor, and Sweden/Hungary's expansions. Read more here.
- Explore Canada's Cigar Lake mine, the world's top uranium producer, vital for nuclear energy and defense. Recent events, like the Ukraine war, highlight its strategic importance. Learn more here.
- Explore IEA's record-high nuclear power generation forecast for next year. China and India lead, adding most new capacity in the next three years. Details here.
