CAF plans to expand operations in the Caribbean

August 17, 2023

CAF announced its plan to expand operations in the Caribbean to address the financial needs of the region. They also announced they will finance up to US$50 million to match Barbados funding pool in its blue economy initiative. Source: Trinidad Express

Spain’s Cox Energy awarded 38.41 MW of solar generation in Guatemala

August 17, 2023

Guatemala awards Cox Energy 38.41 MW of solar generation in a reverse power auction. The company will invest around US$32 million into the project and expects it to be in full operation by 2028. Source: Renewables Now

EDP plans to invest US$2.7 billion into installing 4 GWp of DG solar projects worldwide, including in Brazil

August 17, 2023

EDP is planning to invest US$2.7 billion in the next few years to install 4 GWp of DG solar projects in Europe, the Asia Pacific, North America, and Brazil. The company currently has 1.6 GWp of installed DG solar projects across those locations. Source: Renewables Now 

Chile’s Ministry of Energy takes first steps towards closing all coal-fired power plants by 2030

August 17, 2023

Chile’s Ministry of Energy announced they are currently in talks with stakeholders to develop a new decarbonization plan in an effort to close all coal-fired power plants by 2030. Source: Renewables Now

The Saudi Fund for Development loans Belize US$77 million to build solar plant

August 17, 2023

The Saudi Fund for Development (SFD) signed a loan agreement worth US$77 million to aid in the construction of a solar energy plant in Belize. Source: Business Wire

Panama launches EOI to develop national strategy for green hydrogen and its derivatives

August 17, 2023

The Government of Panama launched a request for expressions of interest to help develop Panama’s national strategy for green hydrogen and derivatives implementation by assessing the strategic options and viability for the country to become a green hydrogen hub. Source: World Bank

The Curaçao government is looking to use floating wind development to produce green hydrogen

August 3, 2023

The Curaçao government is currently looking to identify areas for floating wind development with a plan to eventually use the energy to produce green hydrogen. Source: Offshore Wind

Banco Bolivariano issues US$80 million in blue bonds in Ecuador

August 3, 2023

Ecuadorian lender, Banco Bolivariano, issued its first blue bonds in the country, totaling US$80 million. Source: Latin Finance 

Sunfarming plans to construct a 50 MW agro-solar farm in the Dominican Republic

August 3, 2023

Sunfarming, a renewable energy company, is planning to construct a 50 MW agro-solar farm in the Dominican Republic. The project aims to combine solar power generation with agricultural activities, promoting sustainable development and supporting local communities. Source: Renewables Now