Author Archives: newenergyadmin

The Chinese Development Bank gives BNDES a US$1.3 billion credit line for infrastructure projects

BNDES received a credit line of US$1.3 billion from the Chinese Development Bank for investments in energy and infrastructure projects.  Source: Latin Finance

IDB sells US$373 million worth in sustainable bonds

IDB sells US$373 million worth of five-year sustainable bonds in the sterling market. Source: LatinFinance

A 23 MW PV park begins operations in Cuba

The Vietnamese company, Thai Binh Green PowerInvestment Corporation has officially started operation at the 23 MW PV park in Cuba. Source: PV Magazine LATAM

Fotowatio Renewable Ventures (FRV) is seeking environmental approval for a wind project in Chile

FRV is seeking environmental approval to install a 316.8-MW wind farm in Chile. The project’s total investment is around US$340 million. Source: Renewables Now 

Research company, Cornwall Insight’s ranks Chile sixth on their Low-carbon Hydrogen Index

Chile is ranked number six on Cornwall Insight’s Low-carbon Hydrogen Index for 2023. The country rose two spots from last year and has the potential to be a global leader in the emerging hydrogen economy. Source: Renewables Now 

Paraguay plans to announce a new national hydrogen strategy

Paraguay prepares to add new national hydrogen strategy that will cover all sectors, such as industry, residential, etc. The roadmap that was released in 2021 was for transportation only. Source: Energia Estrategica

Chile announces national lithium strategy, which stipulates that the state should control production and development

Chile announced its national lithium strategy, which will put the state in control of the production. Current existing contracts with lithium providers will remain as is, but in the future, the state-owned lithium company will lead public-private partnerships. Source: Renewables Now 

Enerfin secures a US$66.2 million loan for a 129 MW solar project in Colombia

Enerfin, the renewables arm of Elecnor SA, secured a US$66.2 million loan from Banco de Bogota and Banco de Occident for a 129 MW solar PV project in Colombia. Source: Renewables Now

YPF Luz officially begins operations at its 100 MW solar farm in Argentina

YPF Luz started operations at its 100 MW Zonda solar farm in Argentina. The project required a total investment of over US$90 million. Source: Renewables Now