Czech energy company ENERGO-PRO has signed an agreement to acquire the 350 MW Baixo Iguaçu hydropower plant in Brazil for over US$269.5 million, marking the largest Czech investment in Latin America. Once regulatory approvals are complete, Baixo Iguaçu will become ENERGO-PRO’s largest energy asset, boosting its total installed capacity to 1,850 MW. Source: Renewables Now
IDB Invest and Massy Group have formed a strategic partnership to provide up to US$150 million in regional financing to support trade, food security, and sustainable growth in the Caribbean. The package includes a US$90 million long-term loan for capital upgrades and expansion, and a US$60 million trade finance program to bolster intraregional trade and […]
A green hydrogen project by Vale and Green Energy Park (GEP) has been selected as a flagship initiative under the European Union’s Global Gateway Program in the Climate and Energy category. The project aims to build a green hydrogen unit supporting a future Mega Hub in Brazil as part of the “Brazil North-East Green Energy […]
Honduras has awarded a US$50.2 million contract for a 75 MW battery energy storage system to the Chinese-Honduran consortium Windey-Equinsa. This project, selected through an international tender with six proposals, will be the largest energy storage system in Central America once operational by the end of 2025. Source: PV Magazine LATAM
The World Bank Group has launched a new five-year partnership (2025-2029) to help Haiti recover from economic and social challenges. The strategy focuses on immediate relief for vulnerable populations while laying the foundation for long-term recovery. With a US$320 million grant investment, the initiative aims to strengthen economic governance, create jobs, and sustain essential services. […]
The CDB has approved a US$17 million loan to support Saint Lucia’s education transformation initiative, aimed at expanding access to quality education, modernizing infrastructure, and improving teacher training. Source: Jamaica Observer
The U.S. Army Corps of Engineers (USACE) Caribbean District is integrating responsible tree disposal management into its construction contracts in Puerto Rico. As part of the US$150.7 million Franklin Delano Roosevelt Avenue Bridge replacement project, removed trees are being repurposed at a sawmill instead of being sent to landfills. The initiative promotes sustainable wood reuse […]
Chile’s Ministry of Energy has launched the “Rural Solar Water” program to support Rural Sanitation Systems (RSS) with sustainable energy solutions. Source: PV Magazine LATAM
Peru’s Ministry of Production has approved the Detailed Environmental Impact Study for the Horizonte de Verano Green Hydrogen Production Plant in Arequipa. The US$11.2 billion project will include a water desalination plant and a solar PV facility with a capacity of up to 5.85 GWp. Once fully operational in five years, it is expected to […]