Atlas Renewable Energy and Chilean utility Colbún have signed a 15-year PPA for a 230 MW/920 MWh stand-alone battery energy storage system (BESS) to be built in Antofagasta. Source: PV Magazine LATAM
Greek company Metlen Energy & Metals has submitted its 300 MW Los Boldos solar and 252 MW/1,236 MWh battery storage project for environmental approval in Chile. Source: PV Magazine LATAM
Brazil’s development agency Sudene has approved an US$18.9 million loan from its Northeast Development Fund for four EDP Renováveis solar projects totaling 181.1 MW in Rio Grande do Norte. Source: Renewables Now
Grenada will receive approximately US$12.6 million from the UK Government, through a partnership with the Caribbean Development Bank (CDB) and the Foreign, Commonwealth & Development Office (FCDO), to support expanded geothermal exploration drilling near Mount Saint Catherine. Source: ThinkGeoEnergy
The World Bank has approved a US$150 million investment to boost geothermal energy in El Salvador, funding the drilling of wells and the construction of a 25-MW geothermal power plant in Chinameca. Implemented by state-owned LAGEO, the project also includes social and environmental initiatives to support local communities, create green jobs, and promote the direct […]
Ecopetrol announced a US$1.2 billion investment to produce cleaner fuels. This initiative aims to modernize its refineries and reduce the environmental impact of its operations. Source: BNAmericas
BNDES approved a loan for US$120.5 million to support the development of 121.5 MW of Casa dos Ventos wind projects Source: Renewables Now
The IDB and Chile have signed US$180 million in agreements to promote sustainable economic growth, enhance regional government capabilities, diversify exports, and improve essential services on Rapa Nui. The agreements include funding for climate resilience, urban infrastructure, digital talent development, and energy and water service upgrades on Easter Island. Source: IADB
CORFO has awarded US$25.6 million to support the development of three electrolyzer manufacturing facilities for the green hydrogen industry. The projects are led by consortiums from Chile, Spain, and China and are expected to generate over US$50 million in total investment and create more than 1,000 direct and indirect jobs. Source: PV Magazine LATAM