Market News - Page 84 of 342 - New Energy Events

The IMF approves US$1.7 billion in funding for Jamaica under its Precautionary and Liquidity Line (PLL) and Resilience and Sustainability Facility (RSF)
March 31, 2023
The IMF approved US$1.7 billion in funding for Jamaica. Under the two year agreement the country will receive funds from the PLL as insurance against inflation, a global slowdown, and new COVID-19 outbreaks. They will also receive money to help strengthen Jamaica’s resilience to climate change, advance decarbonization efforts, and manage transition risks. Source: JIS.gov
Pavana Energy Ltd. announces their first operational wind farm in Barbados
March 31, 2023
Pavana Energy announced the development of their first operational wind farm in Barbados. The project is expected to produce 2.5 Gwh of energy annually. Source: Pavana Energy
Puerto Rico gears up to launch its first community-led microgrid
March 17, 2023
Puerto Rico’s community-led Adjuntas microgrid project is ready to launch. The project has become a high-profile example of how Puerto Rican residents are finding their own solutions to the island’s fragile electricity system. Source: Canary Media
Río de Janeiro releases strategic plan for energy transition projects and decarbonization
March 17, 2023
The Brazilian State of Río de Janeiro released its strategic plan for energy transition and decarbonization projects. They have committed to the development of energy transition and decarbonization to promote the development in the region. Source: Estrategia
Wavepiston will co-develop a wave energy project with YS Energies Marines Developpement to provide clean energy to local communities in Martinique
March 17, 2023
Danish ocean energy organization, Wavepiston partners with YS Energies Marines Developpement (YSEMD) to develop a wave energy project in Martinique, which aims to provide clean energy to local communities. Source: Renews.Biz
Peru’s Ministry of Energy and Mines grants definitive concession to Engie for the construction of the 300 MW Hanaqpampa solar park
March 17, 2023
Peru’s Ministry of Energy and Mines granted a definitive concession to Engie to develop the Central Solar Hanaqpampa project. The company is authorized to deploy an installed capacity of 300MW. Source: PV Magazine LATAM
The KFC Ecuador Group launches operation at the first private photovoltaic project in Ecuador
March 17, 2023
The KFC Ecuador Group started operation at its 1.5 MW solar plant. The plant is estimated to supply 90% of the energy demand of 13 fast food outlets in Quito. Source: PV Magazine LATAM
Unigel partners with Thyssenkrupp Nucera to expand its 60 MW green hydrogen and ammonia project to 240 MW
March 17, 2023
Brazilian chemical company, Unigel, partners with electrolyzer maker, Thyssenkrupp Nucera for the second phase of a green hydrogen and ammonia project it is developing in the state of Bahia. The company plans to extend its 60 MW facility to 240 MW. Source: Renewables Now
BNDES approves US$17 million in financing to Helexia to support 19 MW of DG solar powered projects
March 17, 2023
BNDES approved US$17 million in financing to support 19 MW of DG solar powered projects owned by Helexia. The company plans to use the money for the construction of 17 new solar facilities in Parana, Mato Grosso do Sul and Rondonia. Source: Renewables Now