Rio Grande do Sul State and EN.IT sign MoU focused on sustainable project development and green hydrogen production

June 8, 2023

Rio Grande do Sul, the Brazilian state, and EN.IT have signed an MoU focused on sustainable project development. As part of the agreement, EN.IT will install a new wind farm that will power green hydrogen and ammonia production. Source: Renewables Now 

Solek Holding raises US$379 million to fund its solar PV portfolio in Chile

June 8, 2023

Solek Holding raised around US$178 million from a 20 year bond issuance, and around US$200 million from other forms of borrowing to finance its solar PV portfolio in Chile. Currently, the company has around 284 MW of utility scale and distributed generation solar in the country. Source: Renewables Now 

Engie Brasil Energia SA sells off its last coal-fired plant in Brazil

June 8, 2023

Engie Brasil Energia SA sells its 345 MW coal-fired plant for US$89 million. This was the last of its coal fired plants in Brazil. Source: Renewables Now 

Appian and Detronic Energia team up to build 62.4 MWp of solar plants in Minas Gerais

June 8, 2023

Appian Capital Advisory LLP and Detronic Energia have formed a joint venture to develop 62.4 MWp of solar plants in Mins Gerais. The portfolio already has 20 ready-to-build projects. Source: Renewables Now 

EIB loans US$215.2 million to Sicredi to implement solar energy in residential homes, small businesses, and rural areas

June 8, 2023

The European Investment Bank provided Sicredi, a Brazilian cooperative financial institution, with a loan for US$215.2 million for the implementation of solar energy in homes, small-medium sized businesses, and rural areas. Source: Renewables Now