Brazilian public transit company, ViaMobilidade, places the largest sale of green bonds in the local market as part of a US$885 million financing package. Source: Latin Finance
BNDES approves US$655.8 million loan to support the development of the 846-MW Serra do Assurua and 423-MW Novo Horizonte wind complexes, and the Boa Sorte solar photovoltaic (PV) complex in Bahia and Minas Gerais. Source: Renewables Now
Codelco, the state-owned copper mine in Chile, signed an agreement with AES Andes to replace its current supply of coal power with renewable energy. Source: Renewables Now
Portland Private Equity plans to use US$350 million in financing to make a series of social investments in the Caribbean under the Portland Caribbean Fund III. The third version of the fund will focus on investing in scalable regional businesses. Source: Jamaica Gleaner
The World Bank approves US$110 million in financing for Barbados to support its low-carbon economic development and climate resilience. The loan has two main pillars, the first focusing on green and blue resilient development, including water reuse, adoption of climate change and agriculture policy, and the establishment of an Environmental Sustainability Fund, among other items. […]
The Dominican Republic’s CNE has granted the concession for the development of the 25-MW/32.6-MWp Canoa II solar park project. This is the second phase of the Canoa solar park project, the first phase also saw the installation of a 25 MW solar project. Source: Renewables Now
Saona Island is powered entirely by renewable energy due to the recently completed Saona plant, making it the first and only island in the hemisphere to run on 100% renewable energy. The Saona plant, designed and commissioned by the Bayahibe Electricity Company (CEB), has a storage capacity of 5 MWh with potential for expansion based […]
The St. Kitts and Nevis geothermal project progresses after receiving US$17 million in funding from the Caribbean Development Bank. The project is currently in development and has began drilling. Source: St Kitts Nevis Observer
Polaris Renewable Energy announced they have completed the construction, testing, and initial operation of a 10.4 MW geothermal binary power plant. They achieved full capacity during testing on New Year’s Eve. The project is located at the San Jacinto geothermal project in Telica, Leon, Republic of Nicaragua. Source: ThinkGeoEnergy