CABEF, a new venture capital fund that invests in clean energy and energy efficiency projects and companies, has confirmed a strong presence at CREF for 2017. The fund is actively seeking opportunities to deploy and will host a private meeting at CREF for interested project owners and sponsors. CABEF combines investment capital from the Multilateral […]
In Chile, Aela Energy has obtained US$410mn for two wind farms, while Zuma Energia has borrowed US$600mn for what will be Latin America’s largest wind farm, located in Mexico. Aela Energy is a joint venture between Mainstream Renewable Power and Actis. The project financing will be provided by the Inter-American Development Bank, BTMU, SMBC, Korean […]
The Barbados government is set to begin a $5.5 million solar rooftop project in October. Local developer, Solar Watts Systems, Inc., will retrofit 13 government buildings with solar PV, with the first install at government headquarters. Senator Darcy Boyce, who is the minister for energy, has overseen the agreement, which includes funding from the Inter-American Development […]
By June 2019, Puerto Rico power utility Autoridad de Energia Electrica (AEE) will add 240MW of solar capacity. These plans were revealed in a press conference by AEE director, Ricardo Ramos Rodríguez, who noted that the capacity will be generated by large-scale PV projects built through private investment. All projects are already contracted. A further 300 […]
On Aug 16th, Argentina launched the RenovAr Ronda 2 national auction for the supply of 1,200MW of renewable energy capacity. Through the tender, announced via a resolution in the official gazette, authorities will seek to award 550MW wind, 450MW solar, 100MW biomass, 35MW biogas, 15MW biogas from landfills (waste-to-energy) and 50MW small hydropower capacity. Maximum PPA prices […]
JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), a global leader in the solar PV industry, today announced that it has supplied 35.46 MW of solar modules to Gransolar, a specialist renewable energy construction company, for a PV project in Mexico. JinkoSolar supplied its high efficiency PV modules to the largest solar power plant in […]
Nidec ASI will be installing 5MW / 5MWh of battery energy storage at a utility-scale wind farm on the French island territory of Martinique, aimed at stabilising and maximising the flow of energy onto the grid. The Grand Rivière wind project, a 14MW wind farm on the Caribbean island, which comprises seven wind turbines of […]
After securing a project manager in June, Dominica’s geothermal project continues to move forward and designs for the plant are expected to be completed by Q3 2017. “In June of this year, the government of New Zealand recruited a project manager who is now engaged with DGDC,”Prime Minister Roosevelt Skerrit told legislators recently, adding “funding […]
Reported this week, the Nicaraguan Government together with the World Bank have sought the approval of $15 million from the Climate Investment Fund for Nicaragua’s Geothermal Development Plan. As reported by Energia Limpia XXI the Climate Investment Fund is now studying the approval of the bid for $15 million allocation in funds ($7.7 million in grant and […]