Climate Infrastructure - Page 2 of 3

CORFO Provides USD 10 Million to ENGIE SA for the Development of the First Green Ammonia Production Plant in Chile
January 17, 2022
CORFO has chosen six of the twelve proposals presented in their first call for applications to develop green hydrogen production plants in Chile. The projects will receive total development contributions of US$50 million. The proposals include the development of the first green ammonia production plant in Chile. Source: International Mining
CARICOM Commissions a 400 KW Solar PV and Storage System in Guyana
January 14, 2022
CARICOM will produce solar-generated electricity soon after commissioning a 400-kilowatt solar photovoltaic power generation plant and battery power conditioning system on their compound in Liliendaal, Greater Georgetown. The Japanese government funded the USD 7 million project consisting of 1,500 solar panels, servers, batteries, a carport, and space for educational/recreational activities. In the future, CARICOM expects […]
MPC Energy Solutions Begins Development on El Salvador Solar Plants
January 14, 2022
MPC Energy Solution reached a financial close for the Santa Rosa & Villa Sol solar (PV) plants in El Salvador. With a combined capacity of 21.07 MW, MPCES expects the plants to begin energy production towards the end of 2022, generating around 43 GWh a year and avoiding nearly 11,000 tons of CO2 emissions per […]
RUBiS Energy Jamaica will Acquire 80 Percent of Photosol France
January 11, 2022
RUBiS Energy Jamaica will complete a USD 422 million deal and acquire 80% of the solar energy company Photosol France. The agreement will allow RUBiS to compete in the renewable energy market in the region. Source: Power Technology
Bank fees for green debt surpass fossil-fuel financing
January 5, 2022
For the first time since the 2015 Paris Climate Agreement banks earned more through green-related bond sales and loans than through helping fossil fuel companies raise money in debt markets. Overall, banks made an estimated $3.4 billion in green labeled debt deals and only $3.3 billion from working with gas, oil, and coal companies. In […]
Chile’s 2022 power auction announced
January 3, 2022
The Chilean Energy Commission (CNE) is set to launch a new power auction later this month. The auction will give domestic and international power producers, including renewable energy generators the chance to close 15-year PPAs with qualified distributors. One of the conditions of the auction will ensure that electricity distributors in the country secure up […]
Enel Green Power completes construction of apiary as part of a 187MW solar project in Colombia
January 3, 2022
Enel Green Power focuses on promoting the coexistence of bees, community, and clean energy with the construction of an apiary as part of their La Loma solar project. La Loma is a 187MW (dc) solar project currently in construction in Colombia. Solar apiaries, like this one consist of hives located within the solar energy projects. […]
Vestas secures 430MW service contract in Brazil
January 3, 2022
Vestas signed an agreement with Renova Energia for the maintenance of the 430MW Alto Sertao 3 wind complex in the Bahia region of Brazil with 24 wind farms. The agreement hands Vestas the responsibility for the operation and maintenance of 155 Alstom ECO 100, 110 and 122 turbines. They also signed an agreement in Argentina […]
The World Bank approves US$300 million loan to support Colombia’s resilience to disasters, climate change and health emergencies
December 28, 2021
The World Bank approved the Third Disaster Risk Management Development Policy Loan with a Cat DDO III, a US $300 million loan to aid in strengthening Colombia’s resilience to natural hazards, climate change and health emergencies. The Ministry of Finance and Public Credit and the National Planning Department, Colombia will be responsible for coordinating the […]