Caribbean ESG - Page 8 of 9 - New Energy Events

BNDES signs largest financing agreement for DG renewable energy projects
April 12, 2023
BNDES granted a US$137.98 million loan to Alsol Energias Renovaveis SA to support 144 MW of distributed generation (DG) solar projects in Brazil. Source: Renewables Now
BNDES approves loan for US$179.95 million to construct four wind parks totaling 202.5 MW
April 12, 2023
BNDES approved a US$179.95 million loan to support Casa dos Ventos with the construction of four wind farms with a total capacity of 202.5 MW. Source: Renewables Now
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
The OAS launches Women’s Economic Empowerment project in the Caribbean and Central America
March 17, 2023
OAS has launched its Women’s Economic Empowerment project in Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines to empower women to participate in and benefit from the digital economy. They also expanded the project to El Salvador, Guatemala, and Honduras with aims to help women entrepreneurs build […]
The National Export-Import (Exim) Bank of Jamaica launched a solar energy solutions business loan program
March 2, 2023
Exim Bank of Jamaica is offering loans between $5-50 million (Jamaican) to small and medium-sized business operators looking to procure solar energy solutions. Source: Jamaica Gleaner
Chilean companies eligible for up to US$1.5 million to finance RE self-generation projects via the Ponle energía a tu empresa program
March 2, 2023
The Ponle energía a tu empresa program, funded by the European Union is offering up to US$1.5 million to Chilean companies to finance electric or thermal self-generation projects with renewable energy in hopes of directly benefiting more than 100 micro, small, medium and large companies. Source: PV Magazine LATAM
Argentinian energy company, Genneia placed green bonds equivalent to US$73 million to finance the construction of its solar and wind projects in the country
March 2, 2023
Argentinian energy company, Genneia, announced the placement of green bonds equivalent to US$73 million to help finance the 60 MW Tocota III solar plant and the 103.5 MW La Elbita wind project. Source: PV Magazine LATAM
The US announced a US$1 billion grant package for Puerto Rico that will help finance solar, storage, and resiliency projects
March 2, 2023
The US announced a grant package of US$1 billion for Puerto Rico that includes two rounds of financing for residential solar and storage projects, followed by climate resilient development such as microgrids, community solar, and grid retrofits. Source: PV Magazine LATAM
Genneia secures a loan for up to US$85 million to fund wind and solar projects in Argentina
March 2, 2023
Genneia, the Argentinian power company, signed a loan agreement to procure up to US$85 million to fund the construction of wind and solar projects in Argentina. The company will receive the loan from the Dutch development bank FMO and Development Finance Institute Canada (FinDev). Source: Renewables Now