Chile’s Ministry of Energy announced they are currently in talks with stakeholders to develop a new decarbonization plan in an effort to close all coal-fired power plants by 2030. Source: Renewables Now
The Saudi Fund for Development (SFD) signed a loan agreement worth US$77 million to aid in the construction of a solar energy plant in Belize. Source: Business Wire
The Government of Panama launched a request for expressions of interest to help develop Panama’s national strategy for green hydrogen and derivatives implementation by assessing the strategic options and viability for the country to become a green hydrogen hub. Source: World Bank
The Curaçao government is currently looking to identify areas for floating wind development with a plan to eventually use the energy to produce green hydrogen. Source: Offshore Wind
Ecuadorian lender, Banco Bolivariano, issued its first blue bonds in the country, totaling US$80 million. Source: Latin Finance
Sunfarming, a renewable energy company, is planning to construct a 50 MW agro-solar farm in the Dominican Republic. The project aims to combine solar power generation with agricultural activities, promoting sustainable development and supporting local communities. Source: Renewables Now
AES Andes has successfully connected a 180 MW solar farm with a Battery Energy Storage System (BESS) in Chile. The solar farm, named Andes Solar II-B, is now operational and will provide clean and reliable electricity to the Chilean grid. Source: Renewables Now
Pacific Hydro has started construction on a 293 MWp solar farm in Chile. This is the company’s first solar farm in the country and has an estimated price tag of US$260 million. Source: Renewables Now
Qair Brasil has inaugurated a 429.4 MW solar-wind hybrid park in Brazil, and according to local government, the park should be capable of generating enough clean electricity to power 800,000 homes. The project cost a total of US$416.30 million. Source: Renewables Now