The IDB approved a US$200 million dollar loan in support of a Bolivian program that works to universalize electric energy service, specifically in rural areas. The program will use different technologies to supply electricity, including the installation of solar plants, the extension of distribution networks, construction of mini-grids with hybrid renewable energy systems and energy […]
The United States Department of Energy (DOE) will invest US$440 million for the installation of residential solar and battery storage systems in up to 40,000 homes in Puerto Rico. Source: PV Magazine LATAM
The state of Mendoza in Argentina is set to develop six new PV plants with an overall total capacity of 450 MW. Source: PV Magazine LATAM
The National Energy Commission (CNE) of the Dominican Republic has reported significant growth in distributed generation through the Net Metering Program. In 2019, the country had 80 MW of distributed generation, which has now increased to over 320 MW in 2023. This distributed generation accounts for 2% of the country’s electricity supply. Source: PV Magazine […]
Spanish renewables developer, Opdenergy Holdings SA, secured a multi-year PPA for a 108 MW solar farm in central Chile Source: Renewables Now
The governor of Brazil’s state of Piaui signed an MoU with Shizen Energy to look into the viability of an offshore wind project that would cost around US$4.95 billion. Source: Renewables Now
The superintendency of environment in the Brazilian state of Ceara awarded a preliminary license for the Green Hydrogen Hub at the Pecem Industrial and Port Complex (CIPP) to aid in accelerated set up for companies within the complex. Source: Renewables Now
The Caribbean Development Bank (CDB) is launching a climate change project preparation fund to support its Borrowing Member Countries (BMCs) in creating feasible proposals to obtain climate financing. Source: BN Americas
The National Bank for Economic and Social Development (BNDES) approved a loan for US$497 million to fund the purchase of between 1,000 and 1,300 new electric buses in São Paulo Source: Rio Times Online