The Government of the Virgin Islands secures loan from CIBC for infrastructure development

November 7, 2024

The Government of the Virgin Islands has secured a US$100 million loan from CIBC First Caribbean to support critical infrastructure development. Source: BVI

Saint Kitts and Nevis launches renewable energy project to power Basseterre Deep Water Port

November 7, 2024

The Government of Saint Kitts and Nevis has launched a renewable energy project to power the Basseterre Deep Water Port, aligning with its Sustainable Island State Agenda. The initiative, led by SYG TECH, will implement a renewable energy-powered microgrid featuring innovative Vertical Axis Wind Turbine technology, designed to withstand the region’s harsh weather conditions. Source: […]

Bahamas Prime Minister calls for new partnerships to strengthen aviation in Latin America and the Caribbean

November 7, 2024

Prime Minister Phillip Davis of the Bahamas emphasized the need for new partnerships to shape the future of aviation in Latin America and the Caribbean during the opening of the Latin American & Caribbean Air Transport Association (ALTA) Forum. He highlighted the launch of the Bahamas’ National Aviation Strategic Plan, which aims to build a […]

Argentina’s El Quemado solar park project secures incentives under new large investment regime

November 7, 2024

The El Quemado photovoltaic solar park project, being developed by YPF Luz and Emesa in Mendoza, Argentina, will have a total capacity of 305 MW and is the first renewable energy project to be built under Argentina’s Large Investment Incentive Regime (RIGI). The first stage of the project, with a capacity of 200 MW, has […]

MOU signed to develop solar projects in Colombia’s Amazon

November 7, 2024

A memorandum of understanding has been signed by IDB Invest, DUE Capital and Services, BBVA, Bonus Gestión de Activos, and FDN to support the development of two solar projects in Colombia’s Amazon region. The Centenario and Matakavi solar plants, which will include battery storage, aim to provide 24/7 clean energy to local communities, reduce reliance […]

Mexico’s solar program expands access to electricity for off-grid rural families

November 7, 2024

The Autonomous Photovoltaic Systems Program in Rural Communities, led by the Ministry of Environment and Sustainable Development (SMAyDS) and the State Institute of Energy and Climate Change (IEECC), is providing solar kits to off-grid families in Mexico. Already implemented in over 600 homes, the program will expand to 521 more homes in marginalized areas, benefiting […]

Enel Colombia to invest nearly US$2.1 billion in Colombia’s energy transition

November 7, 2024

Enel Colombia will invest nearly US$2.1 billion in the coming years to support Colombia’s energy transition. During discussions of the investment, Colombian President Gustavo Petro and Enel executives emphasized the commitment to a clean and secure energy supply for the country. Source: PV Magazine LATAM

Ecuador approves law to promote renewable energy to address ongoing energy crisis

November 7, 2024

Ecuador’s National Assembly has approved the Organic Law Project to Promote Private Initiative in Energy Generation, aimed at addressing the ongoing energy crisis by encouraging renewable energy solutions and private investment. Source: PV Magazine LATAM

Uruguay to launch first green hydrogen plant by 2026

November 7, 2024

A group of companies in Uruguay, including Ventus, Montes del Plata, Fraylog, and Fidocar, plans to commission the country’s first green hydrogen plant by 2026. The Kahiros project will use a 2 MW electrolyser powered by a 4.8 MW solar farm to produce green hydrogen for six Hyundai fuel-cell trucks transporting timber. Source: Renewables Now