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Market News

  • VH Global Sustainable Energy Opportunities Plc raises US$148.4 million in share placement

    July 13, 2022

    Renewable investor VH Global Sustainable Energy Opportunities Plc raised US$148.4 million from a share placement. The fund is targeting investment in multiple sustainable energy infrastructure opportunities. Source: Renewables Now 

  • PEA starts construction on a US$120 million 100 MW wind project in Argentina

    July 13, 2022

    Parque Eolico Arauco (PEA), the Argentine wind power company, started construction on the 100 MW Arauco III wind project. The project will cost US$120 million and expands the Arauco I and II wind farms. Source: Renewables Now

  • ContourGlobal Plc sells its Brazilian hydropower enterprise for US$327 million

    July 13, 2022

    ContourGlobal Plc, the UK energy producer, sold its hydropower enterprise in Brazil for US$327 million. Patria Investments will take over. Source: Renewables Now 

  • The Dominican Republic’s Energy Commision granted a concession to renewables sponsor Energia Renovable BAS SRL for the construction of a solar park

    July 13, 2022

    The Dominican Republic’s Energy Commission (CNE) agreed to grant a definitive concession to renewables sponsor Energia Renovable BAS SRL to construct the 50-MW/73.2-MWp Washington Capital Solar Park 3. The concession is for 25 years, and the firm will invest US$80 million into the project. Source: Renewables Now

  • Neoenergia SA wins two lots in Brazil’s transmission projects auction

    July 13, 2022

    Neoenergia SA, the Brazilian utility company, bought two lots in the auction for transmission projects in Brazil that will facilitate the distribution of renewable energy across the country. Source: Renewables Now 

  • Chile’s CNE released list of power producers that will compete in the 2022 auction to supply electricity until 2041

    July 13, 2022

    The Chilean Energy Commission CNE released the list of power producers that will compete in the 2022 auction to supply 5,250 GWh of electricity per year until 2041. Source: Renewables Now 

  • The U.S. Trade and Development Agency and CAF renew partnership to advance infrastructure initiatives across LAC

    July 13, 2022

    The U.S. Trade and Development Agency renewed its partnership with CAF to advance sustainable infrastructure projects in Latin America and the Caribbean. The joint action plan will support clean energy, transportation, digital connectivity, climate, water, and environment-related infrastructure projects. Source: USTDA

  • Geothermal greenhouse project in Coz Coz, Chile, comes online

    July 13, 2022

    A geothermal greenhouse project promoted by CEGA has been completed in Coz Coz, in the district of Panguipulli, Chile, and will provide tomatoes all year round. The Innovation Fund for Competitiveness (FIC) financed the initiative. Source: ThinkGeoEnergy

  • BNDES announces program to finance pilot projects for the production or use of green hydrogen

    July 13, 2022

    BNDES announced a new program to finance pilot projects for the production or use of green hydrogen. The maximum amount of funding is around US$17 million, and the bank plans to expand its financing lines to support larger-scale green hydrogen projects soon. Source: EPBR

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