A group of stakeholders, alongside an independent power producer have signed an agreement to officially begin construction of 9.5 MW of grid-connected solar farms in Grand Bahama. The project’s total investment is US$15 million and construction will begin this month. Source: Renewables Now
AES Andes is planning to build a 379 MW solar farm in the Atacama Desert. The project will be co-located with a 542-MW battery energy storage system (BESS). The company will invest around US$710 million. Source: Renewables Now
The Brazilian cooperative, Creral, and local engineering firm, Mil Engenharia, began operation at the Veredas Sol e Lares plant, a 1.2 MWp floating solar power plant in Minas Gerais. The project was set up on Santa Marta lake hydropower plant. Source: Renewables Now
EDP Renovaveis SA is planning to build a 123 MW wind park in Brazil’s northeastern Paraiba state. The project will cost a total of US$266.2 million and will feature 21 wind turbines. Source: Renewables Now
The IMF approved US$1.7 billion in funding for Jamaica. Under the two year agreement the country will receive funds from the PLL as insurance against inflation, a global slowdown, and new COVID-19 outbreaks. They will also receive money to help strengthen Jamaica’s resilience to climate change, advance decarbonization efforts, and manage transition risks. Source: JIS.gov
Pavana Energy announced the development of their first operational wind farm in Barbados. The project is expected to produce 2.5 Gwh of energy annually. Source: Pavana Energy
New Energy is excited to be launching the H2-Offtakers Workshop on June 15, the first event of its kind in the region. Supported by McKinsey, this event is aimed squarely at regional industrial leaders seeking to explore a roadmap to the procurement and deployment of low emission hydrogen. Learn more here.
We’re celebrating excellence in Latin American and Caribbean Hydrogen innovation across the region at the 2nd annual H2LAC Industry Awards. You have until April 21st to tell us why your project is best-in-class this year. Submit your projects here.
Among many highlights at CREF 2023, we’re approaching energy security and competitiveness from the perspective of regional conglomerate leaders. Join the CEOs of Sandals Resorts, Goddard Enterprises and Williams Industries, Inc. as they frame their approach to generation, what they need to see from regulators, and how all of this impacts their ability to compete […]