Parque Eolico Arauco (PEA), the Argentine wind power company, started construction on the 100 MW Arauco III wind project. The project will cost US$120 million and expands the Arauco I and II wind farms. Source: Renewables Now
ContourGlobal Plc, the UK energy producer, sold its hydropower enterprise in Brazil for US$327 million. Patria Investments will take over. Source: Renewables Now
The Dominican Republic’s Energy Commission (CNE) agreed to grant a definitive concession to renewables sponsor Energia Renovable BAS SRL to construct the 50-MW/73.2-MWp Washington Capital Solar Park 3. The concession is for 25 years, and the firm will invest US$80 million into the project. Source: Renewables Now
Neoenergia SA, the Brazilian utility company, bought two lots in the auction for transmission projects in Brazil that will facilitate the distribution of renewable energy across the country. Source: Renewables Now
The Chilean Energy Commission CNE released the list of power producers that will compete in the 2022 auction to supply 5,250 GWh of electricity per year until 2041. Source: Renewables Now
The U.S. Trade and Development Agency renewed its partnership with CAF to advance sustainable infrastructure projects in Latin America and the Caribbean. The joint action plan will support clean energy, transportation, digital connectivity, climate, water, and environment-related infrastructure projects. Source: USTDA
A geothermal greenhouse project promoted by CEGA has been completed in Coz Coz, in the district of Panguipulli, Chile, and will provide tomatoes all year round. The Innovation Fund for Competitiveness (FIC) financed the initiative. Source: ThinkGeoEnergy
BNDES announced a new program to finance pilot projects for the production or use of green hydrogen. The maximum amount of funding is around US$17 million, and the bank plans to expand its financing lines to support larger-scale green hydrogen projects soon. Source: EPBR
Sol Ecolution, the renewable energy and low-carbon unit of Caribbean group Sol Petroleum and the Barbados based firm, Blue Circle Energy, signed an MoU for the joint promotion of around 30 MW community solar projects in Barbados. Source: Sol Petroleum