Niko Energy secures US$23 million to expand decentralized solar solutions in Mexico

February 6, 2025

Mexican solar start-up Niko Energy has raised US$23 million in debt and equity to expand decentralized energy solutions across Mexico. The funding includes US$8 million in equity from QED Investors, Picus Capital, 468 Capital, and Bridge Latam, along with US$15 million in debt financing from local investors. Source: Renewables Now

UCB Power secures US$35 million from IDB Invest to boost battery production in Brazil

February 6, 2025

UCB Power has secured US$35 million in financing from IDB Invest to expand Brazil’s battery production sector. The package includes a US$25 million loan to increase production capacity in Amazonas and Minas Gerais and a US$10 million credit line to improve import capabilities. Source: Renewables Now

Belize unveils US$58.4 million energy storage project

February 6, 2025

Belize has launched a US$58.4 million project to deploy 40 MW of energy storage across four sites, supported by the World Bank and the Government of Canada. Source: Renewables Now

EDP to supply 13.4 MW of renewable energy to Ceará’s state agencies through 2029

February 6, 2025

EDP Energias de Portugal has signed an agreement to supply 13.4 MW of renewable energy to 144 state agencies in Ceará, Brazil, through 2029. Source: Renewables Now

Chile expands geothermal development with new exploration licenses for Transmark Chile SpA

February 6, 2025

Chile’s Ministry of Energy granted two geothermal exploration licenses to Transmark Chile SpA, expanding the country’s geothermal development. This decision reinforces Chile’s commitment to leveraging its geothermal potential along the Pacific Ring of Fire. Source: ThinGeoEnergy

Colombia introduces competitive framework to boost geothermal energy development

February 6, 2025

Colombia’s new framework will enhance geothermal energy development by implementing a competitive process for awarding exploration and exploitation permits. The new framework strengthens environmental protection, community engagement, and infrastructure access while ensuring economic viability and advancing drilling techniques. Source: ThinkGeoEnergy

Interested in Speaking at CARIF 2025?

February 2, 2025

New Energy events reach audiences across the Caribbean and internationally. At CARIF 2025, the stage will feature some of the most influential voices in the industry, driving the development of the next generation of infrastructure and capital projects. Do you have the expertise and vision to make a lasting impact? Apply now to speak at […]

What to Expect from CARIF 2025 in Miami

February 2, 2025

This September, the 9th Caribbean Infrastructure Forum (CARIF 2025) will focus on building a stronger, more resilient, more competitive Caribbean. How? By bringing the market – the full ecosystem of policymakers, investors, financiers, and project developers – together to forge partnerships and drive real transactions. Get a glimpse of what to expect this year by […]