Nico Garcia’s Post

Meeting in Uruguay with ANCAP’s President, Alejandro Stipanicic, who oversees the state-owned energy company, is a definite highlight of 2024. This occurred after I moderated the AAPG’s first Latin American panel on sustainable fuels. • Moreover, #Uruguay's energy leadership, where renewables account for more than 97% of its electricity, and its expansion of traditional energy sources by exploring offshore hydrocarbons demonstrate ANCAP's experience in energy mix development. • As the world transitions toward a more sustainable future, the Society for Low Carbon Technologies is committed to effective stakeholder engagement across nations to foster collaboration. Such an energy mix not only strengthens energy security but also supports economic stability and environmental goals. It becomes clear that the SFLCT is leading #global and actionable dialogues that are vital for aligning diverse strategies and driving progress toward a resilient energy future. #LowCarbon #Future #Energy

⚡ This greenfield project doubles North Macedonia’s Wind energy capacity, featuring 8 turbines with a total capacity of 36MW! 🌬️ Exciting News from North Macedonia! Green for Growth Fund, advised by Finance in Motion, celebrated the opening of the Bogoslovec wind farm! This project is the first privately developed wind farm in the country. Bogoslovec marks a significant milestone in sustainable energy for the SEE region. The GGF played a catalytic role as an investor in the Bogoslovec wind farm, with foundational support from the German government and the European Commission. Their investments attracted international and private investors, expanding green capital in the region. Bogoslovec, the GGF’s first equity investment, sets a model for future renewable energy projects. 🤝 This achievement was made possible through collaboration with OeEB Oesterreichische Entwicklungsbank AG - The Development Bank of Austria, Erste Group, and co-equity investor BNB Kompani. Special thanks to our local partners Sparkasse Bank AD Skopje, Komercijalna Banka AD, and NLB Banka Skopje Thank you to our distinguished guests for their show of support: Ambassador David Geer (Head of EU Delegation in North Macedonia), Otto Graf, Anita Angelovska-Bezoska, Marc Huebsch, Henrik Markuš (Ambassador of Slovakia), and members of KfW, European Investment Bank (EIB), EBRD, IFC - International Finance Corporation, and other key partners. #RenewableEnergy #WindEnergy #SustainableFuture #GreenInvestment #CleanEnergy #ImpactInvesting https://lnkd.in/ed23x92h

Sep 30th, 2024 | 𝗧𝗵𝗲 𝗨𝗿𝘂𝗴𝘂𝗮𝘆𝗮𝗻 𝗴𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗘𝗨 𝘀𝗶𝗴𝗻𝗲𝗱 𝗮 𝗠𝗢𝗨 𝘁𝗼 𝘀𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻 𝘁𝗵𝗲 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗼𝗳 𝗴𝗿𝗲𝗲𝗻 𝗵𝘆𝗱𝗿𝗼𝗴𝗲𝗻 𝗶𝗻 𝗨𝗿𝘂𝗴𝘂𝗮𝘆 Currently, there are four green hydrogen projects under development: two pilot projects and two export-oriented projects, which are in the feasibility study phase before formal investment announcements. The first two are expected to begin production by the end of 2025, while the initial phase of the remaining projects is set to start in 2029. Kadri Simson, European Commissioner for Energy, congratulated Uruguay on the recent approval of the Bilateral Framework Agreement with the European Investment Bank (EIB), which means that this institution can now finance public energy projects in the country. "Uruguay is on the path to becoming a leader in the development and export of renewable energy," Simson concluded. Sources: gub.uy/presidencia | ambito.com/uruguay

🔉#Uruguay stands at the cusp of a significant opportunity in the international #greenhydrogen market, according to a recent report by the #Energy and Sustainable Development Observatory of the Catholic University of Uruguay. 👉 FOLLOW H2 EnergyNews.biz 👈

🔉#Uruguay stands at the cusp of a significant opportunity in the international #greenhydrogen market, according to a recent report by the #Energy and Sustainable Development Observatory of the Catholic University of Uruguay. 👉 FOLLOW H2 EnergyNews.biz 👈

🔉#Uruguay stands at the cusp of a significant opportunity in the international #greenhydrogen market, according to a recent report by the #Energy and Sustainable Development Observatory of the Catholic University of Uruguay. 👉 FOLLOW H2 EnergyNews.biz 👈

Galp Energia's substantial investment of N$2.4 billion in Namibia's upstream projects in 2023, coupled with promising discoveries, marks a strategic leap towards expansion and growth in the energy sector. #GalpEnergia #Namibia #Upstream #OilandGas #EnergyInvestment #Exploration #OrangeBasin #BusinessGrowth #BCS #Sustainability #Hydrocarbon #EnergyFuture #EconomicDevelopment #InvestmentStrategy #Innovation

Brazil is one of the largest emerging markets economies thanks to its enormous agricultural and mineral resources, but it is often overlooked that it is highly exposed to the #EnergyTransition Megatrend, being blessed with another extremely valuable resource – #renewableenergy. One company which has been driving incredible growth in wind and solar assets is Serena, a top 30 investment at UEM. Founded in 2008, Serena Energia was established by CEO Antonio Bastos Filho who had a vision of the abundant opportunity for hydro, wind and solar developments in #Brazil. Find out more about Serena Energia, from our latest insight piece by Jonathan Groocock, UEM Deputy Portfolio Manager. #investmenttrusts #utilities #infrastructure #emergingmarkets #globaltrade #socialinfrastructure #energytransition #digitalinfrastructure The Association of Investment Companies (AIC)

India, Philippines, Mainland China, Kenya and Romania top our rankings for the most attractive emerging markets for renewable energy investment. 🌍 ⚡ Read more in this year's edition of Climatescope, BloombergNEF's annual assessment of energy transition opportunities in 105 emerging markets: https://bloom.bg/3AN4OEx #EmergingMarkets #EnergyTransition #Climatescope

🔉#Uruguay stands at the cusp of a significant opportunity in the international #greenhydrogen market, according to a recent report by the #Energy and Sustainable Development Observatory of the Catholic University of Uruguay. 👉 FOLLOW H2 EnergyNews.biz 👈