Author Archives: newenergyadmin

The Caribbean Export Development Agency and CCREEE signed a cooperation agreement to grow sustainable energy business in the region

Caribbean Export and CCREEE agreed on framework and signed a cooperation agreement to grow sustainable energy business in the region Source: Caribbean National Weekly

Cubico Sustainable Investments acquired two Uruguayan wind farms with a combined capacity of around 100 MW

Cubico Sustainable Investments acquired two on-shore wind farms in Uruguay with a combined capacity of more than 100 MW. Source: Renewables Now

Electron Energy and Kroma Energia started development on a 101 MW solar farm facility in Pernambuco

Electron Energy and Kroma Energia partner to develop a 101 MW solar farm facility in Pernambuco. The project, which has commenced, will have four solar farms. Source: Renewables Now

Brazil adds 137.2 MW of wind and solar power capacity across the country in one month

Brazil adds 137.2 MW of wind and solar power capacity in June. They added 87.6 MW of wind and 49.6 MW of solar power across the country. Source: News Hub

The IDB provided Colombia a US$300 million loan for sustainable projects

Colombia received a US$300 million loan from the IDB for sustainable projects to reduce greenhouse gas emissions and create more jobs. The proceeds will be used to strengthen government policies in the agricultural, forestry, energy, and transportations sectors. Source: Latin Finance

Petrobas signed its first sustainability-linked loan for US$1.25 billion

Petrobas signed its first sustainability-linked loan for US$1.25 billion with plans to use the proceeds on projects to lower emissions. Source: Latin Finance

Unicoba issues US$23.2 million in local green bonds in Brazil

Unicoba, the Brazilian lithium battery and lighting manufacturer, issued US$23.2 million in local green bonds. Source: Latin Finance

The IDB will put up a guarantee for a bond sale by a sovereign issuer in the Caribbean by the end of the year

The IDB plans to put up another guarantee for a bond sale issued by a sovereign state in the Caribbean by the end of the year. Last month, they guaranteed US$200 million to support the Bahamas in the sale of US$385 million in bonds. Source: Latin Finance

Peru’s state-owned mortgage lender signs agreement for US$290 million credit line to finance green home loans

The state owned mortgage lender in Peru, Fondo Mivivienda, signed an agreement for a ten year credit line from JP Morgan for US$290 million to finance green home loans. Source: Latin Finance