U.S., Chile sign agreement to develop energy transition partnership
- August 18, 2023
- Posted by: Quatro Strategies
- Categories: Americas, ESG & Renewable Energy, United States
Chile and the United States have entered into an initial agreement aimed at fostering technical assistance and information sharing to facilitate the energy transition. The agreement was signed by Chile’s Energy Minister Diego Pardow and US Energy Secretary Jennifer Granholm.
The agreement is expected to facilitate collaboration in various areas related to the energy transition, including technological exchange and the development of green hydrogen. This partnership comes as Chile aims to become a global leader in exporting green hydrogen by 2040 and strives to achieve carbon neutrality by 2050.
The agreement covers a range of topics, including research and development, decarbonization, grid modernization, hydrogen production, critical minerals, energy justice, and the Net Zero World initiative. It sets the stage for annual meetings between senior officials from both countries to monitor progress, address challenges, and identify new opportunities in these areas.
Chile’s commitment to green hydrogen aligns with its broader sustainability goals and its position as a global player in the transition to renewable and clean energy sources. This collaboration with the US could bring technological advancements and expertise to accelerate Chile’s efforts in achieving its energy and environmental objectives.
Interested in learning more?
Sign up for Top Insights Today
Top Insights Today delivers the latest insights straight to your inbox.
You'll get daily industry insights on
Energy, Cleantech, Oil & Gas, Mining, Defense, Aviation, Construction, Transportation, Online Retail, Bigtech, Finance and Politics of Business
Read more insights
African manufacturers race to save AGOA as expiration looms
African manufacturers are mounting an urgent lobbying push in Washington to keep alive a cornerstone trade deal that has underpinned their access to U.S. markets for nearly a quarter century.
With the African Growth and Opportunities Act (AGOA) set to expire at the end of September, business leaders from Kenya and several other beneficiary nations have been appealing to Congress for a short-term extension of one to two years, a last-ditch attempt to prevent a tariff shock they warn could devastate their industries.
Slovakia and Czech Republic navigate shift to EVs amidst concerns for suppliers
Slovakia and the Czech Republic, two countries with a strong history of car manufacturing per capita, are undergoing a significant transition toward electric vehicles (EVs). Major automotive players such as Volkswagen and Volvo are making strategic moves in this direction. Volkswagen plans…
Argentina and U.S. sign critical minerals pact to secure supply chains
Argentina and the United States have formalized a new critical-minerals cooperation agreement aimed at tightening and securing supply chains, a step Buenos Aires is presenting as both an economic accelerator and a strategic upgrade in its relationship with Washington.
Argentina’s foreign ministry framed the deal as a “framework” initiative meant to strengthen value chains and support faster growth, underscoring the sector’s rising weight in the national export mix: mining exports totaled about $6.04 billion in 2025, according to the ministry.