Author Archives: newenergyadmin

Costa Rican energy company, greenenergy, implements program for schools to apply for the installation of a photovoltaic system

Costa Rican energy company, greenenergy, implements the Soy Soy Luciérnaga 2022-2023 program, which calls on schools to apply for the installation of a photovoltaic system that meets the institution’s energy needs. Source: PV Magazine LATAM

Engie Energía Chile will construct a 638 MWh energy storage system

Engie Energía Chile will construct an energy storage system located in the Coya photovoltaic plant in the Antofagasta region. The project will have a capacity of 638 MWh. Source: PV Magazine LATAM

A photovoltaic solar power plant with an installed capacity of 1 MW was inaugurated in Filadelfia, Paraguay

The Fernheim Cooperative in Filadefia, Paraguay has inaugurated a photovoltaic solar power plant with an installed capacity of 1 MW. The power plant is estimated to meet the energy needs of 350 homes and function as an emergency network for public services in the city. Source: PV Magazine LATAM

Mexican real estate investment trust, Fibra Macquarie, receives sustainability-linked loan for US$150 million

Mexican real estate investment trust, Fibra Macquarie, has received US$150 million in sustainability linked financing. The first part of the financing is worth US$75 million and will be distributed over a four-year term loan. Then an equal amount in a three-year revolving credit line will be distributed. Source: Latin Finance

IDB approves a US$1 billion line of credit for investments boosting productivity and sustainable development in Chile

The IDB approved a line of credit for US$1 billion towards investment projects in Chile that will aid in boosting productivity and sustainable development. The first disbursement of the 25-year loan – US$400 million, was already authorized. Source: Latin Finance

CEMEX will begin implementing hydrogen injection technology at four cement plants in Mexico

CEMEX will start implementing hydrogen injection technology at four of its cement plants in Mexico which will help reduce its consumption of fossil fuels. Source: CEMEX

Construction to begin in Trinidad on 112.2 MW solar project

Trinidad and Tobago project partners bp, Shell, and Lightsource are set to start construction on one of the largest solar projects in the Caribbean. The project will be constructed at two sites and have a combined capacity of 112.2 MW. Source: EnergyNow.TT

Isagen SA ESP to sell its only thermal power plant in Colombia to focus on shifting to 100% renewable power generation

Isagen SA ESP will sell its only thermal power plant in Colombia to focus on shifting to 100% clean electricity generation using hydro, wind, and solar energy. The gas-fired power plant has a capacity of 272 MW. Source: Renewables Now

Acciona Energy to acquire and develop a 162 MW solar power complex in the Dominican Republic

Acciona Energy will acquire and develop a 162 MW solar power complex in the Dominican Republic after coming to an agreement with JMMB Sustainable Energy Fund FES and Dominican diversified holding, Grupo Pais. Acciona Energy will own a 51% stake in the project. Source: Renewables Now