Uruguay will gauge investor appetite for developing massive green hydrogen projects in the south Atlantic when it starts the tender of 10 offshore wind power blocs in the coming months covering an area the size of Delaware. State energy company Ancap plans to publish bidding rules for offshore blocs this year and pick the winners in the…
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Bienes raíces a medida
Bienes raíces a medida
Bienes raíces a medida
Europeans are increasingly choosing Uruguay as a country of immigration. In the first six months of this year, 52,277 Union citizens applied for a residence permit in the smallest Spanish-speaking country in South America. On the other hand, from the beginning of the pandemic until now, Argentines have accounted for 60 percent of the residence…
Read MoreUruguayan President Luis Lacalle Pou tops the list of most-approved Latin American heads of state, according to an Ipsos survey released Monday. The study, conducted between July 14 and August 8, among 297 opinion leaders from 12 countries, showed Lacalle had a 74% approval against 14% disapproval. The remaining 12% did not have an opinion….
Read MoreArgentina, Chile, Uruguay and Paraguay have submitted a joint bid to host the 2030 World Cup. Uruguay hosted the competition’s first ever tournament in 1930 and say they want to bring the World Cup “home” when it celebrates its centenary.”This is the dream of a continent,” said Alejandro Dominguez, president of the South American Football…
Read MoreUruguay’s Central Bank of Uruguay this week ordered a 50 basis point increase in the interest rate policy, the eighth straight increase since last August. The move, which brings the monetary policy rate to 9.75%, means the central bank has ordered 525bp of increases in total over the past 11 months. The 50bp hike was…
Read MoreArgentina’s new financial crisis following the surprise July 2 resignation of its former economy minister is rocking the country, and driving many nervous Argentines to rush to buy goods as prices rise by the minute. One of the very few winners from the country’s latest drama is neighboring Uruguay. In recent years, Uruguay has benefited…
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Uruguay is studying a major expansion of wind energy capacity over the next two decades to support green hydrogen production, the country’s government has said in its draft green hydrogen roadmap. “Uruguay must join the green hydrogen wave because it has comparative advantages to do so,” said Omar Paganini, Uruguay’s Minister of Industry, Energy and…
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Uruguay has launched its green hydrogen roadmap that will see the country aim to install 20GW of renewables as well as 10GW of electrolysers by 2040. The ministry of industry, energy and mining (MIEM) is eyeing for the country’s green hydrogen industry to have a turnover of more than US$2.1 billion by 2040, coming mainly…
Read MoreMontevideo, Feb 18 (EFE).- With its sights set on reducing its greenhouse gas emissions by 2025, Uruguay is to begin issuing a sovereign “green” bond with an interest rate tied to its environmental goal in a bold and unprecedented move that could serve as a model for the rest of Latin America and beyond. Four…
Read MoreAnna Wellenstein, Director of the World Bank’s Latin America and the Caribbean, Sustainable Development Group, has said Uruguay was an example of turning its productions towards a market that will seek environmental guidelines met.The executive made those remarks during a virtual appearance which was printed by Asunción’s Última Hora newspaper. She also insisted on the…
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