Mexico’s state-run lithium company is exploring the potential of geothermal extraction of the white metal, which will complement the primary method of extraction from clay-based deposits. Source: Reuters
U.S. company, Glenfarne Energy Transition, and South Korean tech company, Samsung Engineering, have partnered to work on a green ammonia project in Chile, and they are currently analyzing third-party projects. The joint portfolio has more than 40 publicly announced green hydrogen initiatives in the country. Source: BNAmericas
The IDB has approved a loan of US$400 million to help develop the green hydrogen industry and its derivatives in Chile. Source: BNAmericas
Brazilian renewable energy firm, Echoenergia Participacoes SA, has begun constructing its 351.1 MW solar PV complex in Bahia. The project includes seven solar parks. Source: Renewables Now
Eneva, the Brazilian natural gas and power company, has started full operation at the 692.4 MW Futurta 1 solar photovoltaic project in Brazil. Source: Renewables Now
The Dominican Republic’s National Energy Commission has signed definitive concessions for the construction of 148 MW of solar farms on the island. Source: Renewables Now
The government of Bahia launched the 180-MW Tanque Novo wind complex. The total investment for the construction of the complex was US$229.84 million. Source: Renewables Now
Rio Grande do Sul, the Brazilian state, and EN.IT have signed an MoU focused on sustainable project development. As part of the agreement, EN.IT will install a new wind farm that will power green hydrogen and ammonia production. Source: Renewables Now
Solek Holding raised around US$178 million from a 20 year bond issuance, and around US$200 million from other forms of borrowing to finance its solar PV portfolio in Chile. Currently, the company has around 284 MW of utility scale and distributed generation solar in the country. Source: Renewables Now