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  • Grenergy Renovables secures green loan worth US$300 million to build 289 MW solar park in Chile

    July 6, 2023

    Spanish renewable energy company, Grenergy Renovables, secured a green loan worth US$300 million to fund the development of a 289 MW solar park in Chile.The loan was provided by a consortium of banks led by BBVA and includes a guarantee from the European Investment Bank (EIB). The solar park is expected to be operational in […]

  • Mexico’s CFE secures loan for US$98.7 million to finance the construction of the 120 MW Puerto Peñasco solar park

    July 6, 2023

    Mexican power utility, CFE, secured a loan worth US$98.7 million from French development agency AFD to finance the construction of the 120 MW Puerto Peñasco solar park in Sonora state. The solar park is expected to be operational by the end of 2023. Source: BNAmericas

  • Bolivia signs two deals worth a combined US$14 billion to build lithium plants in the country

    July 6, 2023

    Bolivia has signed two deals worth a combined US$14 billion to build lithium plants in the country. The first deal was signed with Chinese consortium CBC. The second deal was signed with Russian company Uranium One. The lithium plants are expected to be operational by 2025. Source: BNAmericas

  • Noria Energy launches a 15 MW floating solar project in northwest Colombia

    July 6, 2023

    Noria Energy, a California-based solar developer, has launched a 15 MW floating solar project on the reservoir at the Urra hydroelectric power plant in northwest Colombia. The project, called Aquasol, is the first floating solar project in Colombia and one of the largest in Latin America. Source: Renewables Now 

  • Lightsource bp signs MoU with government of Ceara to develop renewable energy and green hydrogen projects

    July 6, 2023

    Lightsource bp signed an MoU with the state government of Ceara, Brazil to develop renewable energy and green hydrogen projects in the state. Source: Renewables Now

  • Sonnedix and Cox Energy America launch operations at a 160 MW solar park in Chile

    July 6, 2023

    Sonnedix, and its joint venture partner Cox Energy America, have launched operations at the 160 MW Sonnedix Meseta de Los Andes solar park in Chile. Source: Renewables Now 

  • French Guiana offers to assist Guyana in the development of renewable energy

    July 6, 2023

    French Guiana has offered to assist Guyana in the development of renewable energy. The offer was made by French Guiana’s Minister of Energy, Marie-Laure Phinéra-Horth, during a meeting with Guyana’s Minister of Natural Resources, Vickram Bharrat. Source: INewsGuyana

  • The Caribbean Development Bank and IDB Invest have been selected as two of the recipients of the MDB Challenge Fund

    July 6, 2023

    The Caribbean Development Bank and IDB Invest are two of the six new recipients of the Multilateral Development Banks Challenge Fund (MDB Challenge Fund), a US$5.25 million fund launched by the Gates Foundation, Open Society Foundations, and The Rockefeller Foundation. The Caribbean Development Bank will use its grant to develop a new risk mitigation instrument […]

  • The World Bank approves a US$150 million loan to support the development of Chile’s green hydrogen industry

    July 6, 2023

    The World Bank approved a loan for US$150 million to Chile, to support the development of its green hydrogen industry. The loan will help the country to establish a blended finance fund for green hydrogen projects and develop risk mitigation instruments to improve financing conditions. Source: The World Bank 

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