The Government of Ecuador released its green hydrogen production roadmap and strategy. Key components include research, development, innovation, regulation, infrastructure, and international cooperation. Source: H2 News
HDF Energy and CELEC EP signed an MoU to jointly explore opportunities to develop HDF’s multi-megawatt hydrogen power plants in Ecuador. Source: HDF Energy
The Minister of Mines, Ecuador announced a concession to award 500 MW of non-conventional renewable energy generation projects to companies in Ecuador, Mexico, Spain and France. Source: PV Magazine LATAM
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
The Vice Minister of Electricity and Renewable Energy in Ecuador presented a roadmap and national strategy for the production and use of green hydrogen in the country. The goal is to achieve an energy transition by converting hydrogen obtained from renewable energy into a competitive and environmentally friendly energy vector. Source: PV Magazine LATAM
Banco International in Ecuador is planning to issue a blue bond following a subscription agreement for up to US$40 million from the IFC. If approved, it will be the first bond of its kind issued by the private sector in LAC. Source: El Universo
Solarpack, the Spanish solar power developer, signed a 20-year concession agreement with Ecuador’s power and mining ministry for the 200 MW El Aromo solar farm project. The total investment for the development of project is around US$145 million. Source: Renewables Now
Spain’s Cobra has committed to investing over US$181 million in a 110 MW wind project in Ecuador. The project is set to be the largest wind farm in the country. Source: Renewables Now