Engie SA secured a US$300 million loan from the Inter-American Development Bank for the 260 MW Punta Lomitas wind farm in Peru, a 36.4 MW expansion, and a 60 km power line that will connect the plant to the national grid. Source: Renewables Now
Colbun SA, a Chilean power company, submitted an environmental impact study for a 421.9 MW solar project combined with a battery system. The battery system will be one of the largest in Chile, with a capacity of 240 MW for five hours. Source: Renewables Now
Repsol SA, a Spanish energy group and its partner, Grupo Ibereolica Renovables, secured a US$118 million loan for the construction and operation of a 165.3 MW wind farm in Chile. Source: Renewables Now
Ahead of COP27, Caribbean leaders consider demanding industrialized countries to set up a compensation fund for nations that have suffered the most from climate change. Source: Radio Jamaica News Online
The Dominican Republic committed to expanding its protected marine areas to 30% by 2030 at the United Nations Ocean Conference. Source: Regenerative Travel
According to GIZ, Mexico has the potential to be one of the most important global hydrogen producers due to its geographical location and lower production costs, among other advantages. Source: El Sol de Mexico
Eneva SA secured a US$58.3 million loan from Banco do Nordeste do Brasil SA to fund the development and construction of an 870 MWp solar PV project in Brazil. Source: Renewables Now
Brazil added 514.63 MW of solar and wind power capacity in July. Solar farms account for most of the additional capacity, with 330.51 MW added in the month. Source: Financial Eye
