Author Archives: tegan

CAF Issues first blue bond, raising US$115.94 million for climate-resilient coastal development

CAF has launched its first-ever blue bond, raising US$ 115.94 million to support climate-resilient coastal development across the region. Underwritten by BNP Paribas Cardif, the 5-year bond will finance sustainable water management and marine ecosystem protection projects, with initial efforts in Brazil, Ecuador, and beyond. Source: CAF

UK and CDEMA sign MoU to strengthen Caribbean disaster preparedness ahead of 2025 hurricane season

Ahead of the 2025 Atlantic Hurricane Season, the UK has signed a new MoU with the Caribbean Disaster Emergency Management Agency (CDEMA) to enhance disaster preparedness and emergency response across the region. The agreement, signed in Barbados, includes adaptable emergency funding mechanisms such as an immediate mobilization fund to enable rapid deployment of response teams […]

CAF and CDB sign landmark MoU to expand development financing and collaboration in the Caribbean

CAF and the CDB have signed a landmark MoU to deepen collaboration and expand development financing across the Caribbean. Signed during the CDB’s 54th Annual Meeting in Brasília, the agreement outlines joint efforts in project financing, technical assistance, policy dialogue, and capacity-building in key sectors such as climate action, energy, water, and infrastructure. Source: CAF

Brazil’s Piaui state government inaugurates 456 MW wind power complex

Brazil’s Piaui state government has opened the 456 MW Ventos de Sao Zacarias Wind Power complex. The project took more than US$537.8 million in investment and comprises 10 wind parks.   Source: Renewables Now

Honduras launches largest-ever 1,500 MW power tender to strengthen energy supply

Honduras has approved the specifications for an international public tender to procure 1,500 MW of power—the largest in the country’s energy history. Led by ENEE and supported by national and international experts, the process aims to strengthen the energy matrix and ensure long-term supply. Source: PV Magazine LATAM

Bolivia launches green hydrogen pilot projects to diversify energy mix and enter global market

Bolivia has launched its first green hydrogen pilot projects in Oruro, Tarija, and Santa Cruz as part of a national strategy to diversify the energy mix and enter the global low-carbon hydrogen market. The initiative includes a 2 MW electrolyzer in Oruro, which will use solar-powered electrolysis to produce hydrogen for blending with natural gas […]

Transelec begins construction on first 105 MW battery storage system at Granja Solar in Chile

Transelec has begun construction on its first battery energy storage system (BESS), a 105 MW/420 MWh facility integrated with Copec’s 123 MWp Granja Solar park in Chile’s Tarapacá region. The system will store solar energy for delivery during peak demand or low generation periods, aiming to reduce renewable energy curtailment and enhance grid stability. The […]

Chile launches OrientaH2 platform to boost hydrogen project development and stakeholder collaboration

Chile’s Energy Sustainability Agency and Ministry of Energy have launched OrientaH2, a digital platform designed to support hydrogen project development in five key regions: Antofagasta, Valparaíso, Metropolitana, Biobío, and Magallanes. The platform centralizes project data, connects stakeholders across the hydrogen value chain, and offers tools to explore financing, regional opportunities, and an interactive map of […]

Coexca and Solarity inaugurate one of Chile’s largest solar carports in Maule Region

Coexca and Solarity have inaugurated one of Chile’s largest solar carports at Coexca’s processing plant in the Maule region, featuring over 1,700 photovoltaic panels and a 1.075 MWp installed capacity. The system can supply up to 40% of the plant’s energy needs during summer and also provides shade for parked vehicles. Source: PV Magazine LATAM