ESG - New Energy Events

Conolophus Project in Galapagos submitted to IDB Invest for financial evaluation
May 15, 2025
The Conolophus project in the Galapagos Islands, Ecuador, has been submitted to IDB Invest for financial evaluation. The project, developed by E-QUATOR Energy (a partnership between Gransolar and TotalEnergies), involves the creation of a 14.8 MWp photovoltaic plant on Baltra Island, alongside a 40.9 MWh battery energy storage system. Source: PV Magazine LATAM
IDB approves US$250 million loan for rural electrification and renewable energy mini-grids in Guatemala
May 15, 2025
The Inter-American Development Bank (IDB) has approved a US$250 million loan to finance the Rural Electrification Access Program in Guatemala, aimed at increasing electricity coverage in rural areas. The program includes developing mini-grids with renewable energy and energy storage systems, benefiting around 70,000 households Source: PV Magazine LATAM
Sudene approves US$48.6 million financing for 164 MW of solar and wind projects in Brazil’s Northeast
August 29, 2024
Brazil’s Superintendency for the Development of the Northeast (Sudene) has approved US$48.6 million in financing for 164 MW of solar and wind energy projects in the region. The funds will support one wind project and three solar projects. Source: Renewables Now
CAF secured US$216 million credit line for climate mitigation and biodiversity projects
May 31, 2024
CAF secured a US$216 million green line of credit from its French counterpart, AFD. The funding will be used to finance biodiversity and climate adaptation projects in Latin America. Source: Latin Finance
Jamaica Inn takes step towards carbon neutrality with new solar power addition
February 1, 2024
Jamaica Inn in Ocho Rios, St Ann, is making strides towards achieving carbon neutrality by 2026 by adding a 53-kilowatt photovoltaic solar panel plant to its environmental initiatives. The resort’s commitment to sustainable practices is part of its broader ESG program. Source: Jamaican Gleaner
IFC backs Banco Santander Mexico with US$93 million credit guarantee for SME financing
February 1, 2024
The IFC announced a credit guarantee of US$93 million for Banco Santander Mexico, facilitating increased resources for financing small and medium-sized businesses (SMEs) in the country. Source: IFC
Sudene loans US$20.4 million to solar power producer for the development of a 40 MW project in the Minas Gerais state of Brazil
January 4, 2024
Brazil’s Superintendency for the Development of the Northeast (Sudene) loaned solar power producer, Jaiba CE Energias Renovaveis, US$20.4 million to support the development of a 40 MW solar power project in the northern region of Minas Gerais state. Source: Renewables Now
BNDES approves US$447.8 million loan to support the construction of a solar complex by Atlas Renewable Energy
December 7, 2023
The Brazilian Development Bank (BNDES) has approved a loan of US$447.8 million to support the construction of a 768 MW solar complex developed by Atlas Renewable Energy. The project is a part of Brazil’s new growth acceleration program (PAC) and will generate 2 TWh per year, powering over 3 million people and offsetting 2.4 million […]
BNDES approves US$46.3 million in loans to support the development of two biomethane plants in in Sao Paulo
December 7, 2023
The Brazilian Development Bank (BNDES) has approved approximately US$ 46.3 million in loans to Essencis Biometano SA and Cocal Energia PPT Participacoes Ltda. to support the construction of two biomethane plants in the state of Sao Paulo. Source: Renewables Now