Argentinian renewable energy developer Genneia has inaugurated its first solar PV plant in Mendoza, the 90MW Parque Solar Malargüe I, following a US$90 million investment. The company is also developing a new 150MW solar plant in Mendoza, bringing its total planned investment in the region to US$400 million by 2026. Source: Renewables Now
ATOME, a leading developer of international green fertilizer projects, has signed non-binding Heads of Terms with Hy24’s Clean H2 Infra Fund for an investment of up to US$115 million in its Villeta project in Paraguay. The Clean H2 Infra Fund will serve as the anchor and lead equity investor for the 260,000-ton-per-year green fertilizer project. […]
The European Investment Bank (EIB) is backing the Renewstable Barbados (RSB) project, which integrates solar power with green hydrogen storage to reduce the island’s reliance on imported fossil fuels by 50%. Developed by HDF and Rubis SCA, the project will establish Barbados’ first green hydrogen storage project and is supported by IFC, IDB Invest, and […]
Sorocaba, Brazil, has inaugurated the largest distributed generation (DG) solar park in São Paulo state, capable of producing 10 GWh annually. Developed through a partnership between Sorocaba Technology Park and Grupo VA Soluções Sustentáveis, the project also aims to boost local investment, economic growth, and job creation. Source: Renewables Now
BNDES has approved US$26 million in financing for four industrial effluent treatment plants with biogas production at Grupo Piracanjuba’s facilities. The funding will also support the replacement of fossil fuel-based boilers at two factories. Once operational, the plants will produce up to 11.7 million cubic meters of biogas annually, offsetting approximately 152,700 tonnes of CO2 […]
El Salvador’s 7-MW Berlin binary geothermal power plant has been installed and is undergoing testing, with operations expected to begin later this year, according to Daniel Alvarez of DGEHM. Additionally, improvements at the Ahuachapan geothermal plant have increased its capacity by 2 MW, bringing the country’s total installed geothermal capacity to 204 MW. Managed by […]
The Nature Conservancy (TNC), in partnership with Grenada’s government and international organizations, has inaugurated the island’s first Climate-Smart Fisher Facility in Soubise, St. Andrew. The facility integrates renewable energy, rainwater harvesting, and coastal protection measures to enhance the resilience of the local fishing community while mitigating climate change impacts. In addition to supporting fishers with […]
Bahamas Prime Minister Philip Davis signed a US$200 million framework agreement with Afreximbank which aims to develop climate-resilient and trade-enhancing infrastructure. The agreement is expected to support projects in road construction, energy, and economic development. Source: Tribune 242
The European Union (EU) has signed a Memorandum of Understanding (MoU) with Hispasat to enhance broadband access and digital sovereignty in the Caribbean. The initiative aligns with the EU-LAC Digital Alliance and offers regional alternatives to external digital investments. Source: EUReporter