IDB Invest launched its first private sector bond to support green and social projects in the Amazon. The five-year, US$8.7 million bond aims to foster economic opportunities while protecting the rainforest. Source: IDB Invest
The Nicaraguan Ministry of Energy and Mines has launched an international tender seeking companies specializing in deep well drilling to develop geothermal energy at the Cosigüina volcano. Interested firms must submit proposals by August 19, 2024. Source: ThinkGeoEnergy
Solarpack connected its 144 MWp La Union solar farm to the grid in Colombia. The project required a total investment investment of US$100 million. Source: Renewables Now
China’s State Power Investment Corporation (SPIC) and utility-scale solar and energy storage firm Recurrent Energy LLC have launched operation at a 292 MWp solar complex in Brazil. The project required a total investment of more than US$183.8 million. Source: Renewables Now
Ecoener SA announced plans to begin building a 50 MW solar PV plant in Panama later this year. The plant is the company’s first project in Panama. They currently have projects operating in the Dominican Republic, Honduras, Guatemala, and Colombia. Source: PV Magazine LATAM
Enel Colombia has announced commercial operation of its two new solar farms, La Loma and Fundacion, adding a combined 240 MW to Colombia’s power system. Source: Renewables Now
Argentine power company Genneia successfully raised US$60 million through a dollar-linked green bond on the domestic market. Source: Renewables Now
The National Energy Commission (CNE) of the Dominican Republic granted a definitive concession for the 83.4 MW/101.6 MWp Ardavin Solar project, which includes an energy storage system. Source: Renewables Now
Guyana’s Public Utility (GPL) has initiated a tender for three utility-scale solar PV and battery storage projects, totaling 15 MWp of solar capacity and 22 MWh of storage. The tender, part of the Guyana Utility-Scale Solar Photovoltaic (GUYSOL) Programme, is funded through the Guyana-Norway Partnership Source: PV Magazine LATAM