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Industry Analysis

  • Brazil’s Pecem Industry and Port Complex signs contracts to build a green hydrogen and ammonia plant

    December 8, 2022

    Brazil’s Pecem Industry and Port Complex, and Brazilian developers Casa dos Ventos Energias Renovaveis and Comerc Eficiencia, will begin construction on a green hydrogen and ammonia plant with up to 2.4 GW of electrolysis capacity. Source: EnergyNews.biz

  • Equinox will start construction on its 531 MW solar project in Brazil

    December 8, 2022

    Equinox will begin construction on its 531 MW Mendubim solar project in Brazil. The project’s total investment cost is US$430 million. Source: Renews.Biz

  • Jamaica’s Ministry of Education will implement solar energy projects in 30 institutions beginning in 2023

    December 8, 2022

    The Ministry of Education in Jamaica will implement pilot solar energy projects in 30 institutions to promote solar energy usage in schools. The projects will begin in 2023. Source: Caribbean National Weekly

  • The IFC has granted a green loan of US$25 million to the Inter-American Finance Bank of Peru

    December 8, 2022

    The IFC has granted US$25 million to the Inter-American Finance Bank of Peru for green construction, energy efficiency and climate-smart agribusiness projects. Source: PV Magazine LATAM

  • The IDB approves loans for a total of US$650 million to Uruguay and Argentina to aid in the low-carbon energy transition

    December 8, 2022

    The IDB has approved two lines of credit to Uruguay and Argentina, one of US$150 million, and another of US$500 million. The loans will be used to meet the goals of the low-carbon energy transitions in both countries. Source: PV Magazine LATAM

  • Bolivia launched its first hybrid distributed generation system in San Simón

    December 8, 2022

    Bolivia launches its first distributed generation system in San Simón. The plant is powered by a hybrid of solar energy, lithium batteries, and a diesel genset. Source: PV Magazine LATAM

  • The 766 MW Sol do Cerrado solar park, located in Brazil, has started generating power

    December 8, 2022

    The 766 MW Sol do Cerrado solar park, located in Minas Gerais, started generating power in four of its 17 sub-farms. The solar park, comprised of 1.4 million solar panels, cost a total of US$590 million to develop. Source: Renewables Now 

  • Solarpak recieves loans for US$133.6 million to develop two solar farms in Colombia

    December 8, 2022

    Solarpack, the Spanish solar power developer, received a loan for US$133.6 million to develop two solar farms in Colombia with a combined capacity of 252 MW. Source: Renewables Now 

  • Chile’s Colbun commences operation at its 230 MW solar plant in Atacama

    December 8, 2022

    Colbun has completed the development of the 230 MW Diego de Almagro Sur solar plant in Chile’s Atacama region. The solar plant is connected to 8 MW/32 MWh of battery storage. Source: PV Magazine 

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