Industry Analysis - Page 109 of 143

Toyota’s financing division in Mexico received a loan from BBVA to fund loans for hybrid vehicles
October 5, 2022
Toyota’s financing division in Mexico received a green loan for US$225 million from a local branch of the Spanish bank, BBVA, to fund loans for hybrid vehicles. Source: Latin Finance
Mexico state Edomex expects to raise around US$147 million through the sale of their first sustainable bonds
October 5, 2022
The State of Mexico, Edomex, anticipates the sale of their first sustainable bonds in the local market will raise around US$147 million. Source: Latin Finance
Argentinian wind farm operator successfully places US$80 million in green bonds into local market
October 5, 2022
Luz de Tres Picos, an Argentine wind farm operator, successfully placed US$80 million in two-year green bonds in the local market. Source: Latin Finance
Amazon is developing its first renewable energy project in South America, a 122 MW solar farm in Brazil
October 5, 2022
Amazon is expanding its renewable energy portfolio with 71 new renewable projects worldwide with 2.7 GW of capacity. This includes their first clean energy project in South America, a 122 MW solar farm in Brazil. Source: Power-Technology
AES Brasil signs pre-contract with the Pecem Compex to assess the viability of manufacturing and selling green hydrogen and green ammonia
October 5, 2022
AES Brasil signed a pre-contract with the Pecem Complex to look into the feasibility of manufacturing and selling up to 2 GW of green hydrogen and 800,000 tons of green ammonia annually. Source: Renewables Now
Banco do Brasil will provide US$80 million in debt financing to Lightsource bp for its Milagres Solar project
October 5, 2022
Lightsource bp will receive US$80 million in debt financing from Banco do Brasil through the Northeast Development Fund to fund its Milagres Solar Project. Source: PV Magazine LATAM
Makro Atacadita commits to reduce food waste in order to receive loan from Santander for around US$22 million
October 5, 2022
Santander will loan Makro Atacadista around US$22 million after the supermarket committed to reducing food waste. Makro Atacadista can use the funds for any purpose, but interest rates will decrease if the supermarket chain meets the goals of donating food and reducing food waste. Source: Capital Reset
Wärtsilä will supply two 10MW/10MWh energy storage systems to Caribbean Utilities Company Ltd
October 5, 2022
Tech group, Wärtsilä will supply two 10MW/10MWh energy storage systems to the Caribbean Utilities Company Ltd (CUC) in the Cayman Islands. The project is CUC’s first energy storage system. Source: Renewables Now
Developing Caribbean Renewable Energy Opportunities To Maximize Local Solutions
September 22, 2022
By: Racquel Moses, CEO, Caribbean Climate Smart Accelerator The Caribbean is responsible for a negligible share of global carbon emissions, yet finds itself at the forefront of climate change impacts. Adapting to these challenges means reducing the amount of carbon emissions emitted within the region and creating a sustainable economic model that values our environment […]