Cuba’s minister of energy and mining, Livan Arronte and the French Ambassador to Cuba, Patrice Paoli, signed a letter of intent to accelerate the development of renewable energy on the island. Source: Renewables Now
French water, waste, and energy management group Veolia started construction on a US$76.9 million biomass-fired plant that will provide steam to Brazilian thermoplastic resin producer Braskem SA. Source: Renewables Now
ABO Wind and Grupo Renovatio signed a PPA for a 20 MW solar project in Colombia over 15 years, with construction expected to start this year. The contract states ABO Wind will supply 43 GW hours annually beginning in the spring of 2023. Source: Renewables Now
Elera Renovaveis started developing a 247.5 MW wind energy complex in Rio Grande do Norte. Once complete, the complex will span ten wind farms and have 55 generators. Source: Renewables Now
Renewable investor VH Global Sustainable Energy Opportunities Plc raised US$148.4 million from a share placement. The fund is targeting investment in multiple sustainable energy infrastructure opportunities. Source: Renewables Now
Parque Eolico Arauco (PEA), the Argentine wind power company, started construction on the 100 MW Arauco III wind project. The project will cost US$120 million and expands the Arauco I and II wind farms. Source: Renewables Now
ContourGlobal Plc, the UK energy producer, sold its hydropower enterprise in Brazil for US$327 million. Patria Investments will take over. Source: Renewables Now
The Dominican Republic’s Energy Commission (CNE) agreed to grant a definitive concession to renewables sponsor Energia Renovable BAS SRL to construct the 50-MW/73.2-MWp Washington Capital Solar Park 3. The concession is for 25 years, and the firm will invest US$80 million into the project. Source: Renewables Now
Neoenergia SA, the Brazilian utility company, bought two lots in the auction for transmission projects in Brazil that will facilitate the distribution of renewable energy across the country. Source: Renewables Now
