NGC launches new subsidiary, NGC Green, to pursue renewable opportunities in T&T

January 19, 2024

The National Gas Company of Trinidad and Tobago launched NGC Green Company Limited (NGC Green) this week. The subsidiary is actively pursuing opportunities in the renewable energy space. Source: TT Loop News

The Dominican Republic inaugurates 97 MW of solar from two plants

January 19, 2024

The Dominican Republic started operation at two solar plants that total a capacity of 97 MW. The developer, Ecoener, plans to have five PV parks in the DR by the end of 2024. Source: Renews.biz

CAF approves US$25 million investment in BTG Pactual Timberland Investment Group’s (TIG) Latin American reforestation strategy

January 19, 2024

CAF has approved a US$25 million investment in BTG Pactual Timberland Investment Group’s (TIG) Latin American reforestation strategy. TIG, a subsidiary of BTG Pactual, is among the largest and oldest timberland investment managers globally, overseeing $6.2 billion in assets across 1 million hectares in the U.S. and Latin America. Source: CAF

Deetken Impact awarded USAID climate grant to advance sustainable energy projects in the Caribbean

January 19, 2024

The Caribbean Climate Investment Program provides a US$600K grant to the newly launched Caribbean Inclusive Climate Finance Initiative to fund a comprehensive, one-stop solution to incubate, develop and finance small and medium-sized sustainable energy and clean tech projects in eligible countries. Source: Deetken Impact

ANLA issues environmental permit for the installation of a 100 MW wind farm in Colombia

January 19, 2024

Colombian environmental licensing authority, ANLA, granted approval for the development of a 100-MW wind farm. The Trupillo wind farm expects to have 26 turbines with a capacity of 3 MW to 5 MW each. Source: Renewables Now 

BNDES approves loan of US$648.5 million for the construction of a 553.5-MW wind complex

January 19, 2024

BNDES loaned Ventos de Santos Antonio Comercializadora de Energia SA US$648.5 million to support the development of a 553.5-MW wind complex in the Brazilian state of Bahia. Source: Renewables Now 

Mytilineos Energy & Metals secured financing for a 588 MWp solar portfolio in Chile

January 19, 2024

Mytilineos Energy & Metals secured US$377 million in financing from BNP Paribas, Intesa San Paolo, Sumitomo Mitsubishi Banking Corporation, Rabobank and Santander Chile for the development of a 588-MWp solar portfolio in Chile. Source: Renewables Now 

The Bahamas secures US$500 million loan backed by an IDB guarantee

January 19, 2024

The Bahamas has finalized a US$500 million 10-year commercial loan backed by an Inter-American Development Bank (IDB) guarantee. The loan will be used for infrastructure, education, and social welfare projects. Source: EWNews

The Government of Ceará signs MoU with bp for the development of green hydrogen at the Pecém Industrial and Port Complex

January 19, 2024

The Government of Ceará and bp signed an MoU to develop the production of green hydrogen and its derivatives at the Pecém Industrial and Port Complex (CIPP).   Source: Ceara.gov