Industry Analysis - Page 114 of 152

BNB in Brazil approved a loan for US$80 to support the construction of a 213 MW solar complex in the northeast
November 17, 2022
Banco do Nordeste approved a loan for US$80 million to support the development of the 213 MW Caldeirao solar complex in northeast Brazil. Ibitu Energias will provide an additional US$61 million for the project. Source: Renewables Now
The Dominican Republic’s national energy commission approved a 50 MW PV solar rooftop project
November 17, 2022
The Dominican Republic’s national energy commission granted concession for a 50 MW rooftop PV project on the island. Source: Renewables Now
AOSIS in support of the creation of a multilateral fund that will help with the cost of responses associated with climate change
November 17, 2022
The Alliance of Small Island States (AOSIS) is in support of the creation of a multilateral fund that will enable developing countries to afford the cost of responses to loss and damage associated with climate change. Source: Jamaica Gleaner
Jamaica and Barbados among the first to benefit from the new regional program to promote electric mobility and green hydrogen
November 17, 2022
Jamaica and Barbados are among the first in Latin America and the Caribbean to benefit from the first regional program to promote electric mobility and green hydrogen. The program aims to provide US$450 million in concessional loans and grants to nine countries, to help transition to lower carbon emissions and resilient public transportation. Source: Shared.Outlook
Eurus Energy Group starts operation at its 50 MW wind farm in Mexico, the first wind farm located in Baja California Sur
November 3, 2022
Eurus Energy Group started operation at its first wind farm in Mexico. The 50 MW farm is located near La Paz and is the first wind power generation facility in Baja California Sur. Source: Eurus Energy
Fortescue Future Industries and Enel Green Power S.p.A. partner to explore co-development of the green hydrogen value chain in Latin America
November 3, 2022
Fortescue Future Industries and Enel Green Power S.p.A. announced a partnership to explore co-development of the green hydrogen value chain with a focus on Latin America and Australia. Source: Enel Green Power
Chile’s state-owned copper miner, Codelco signed a PPA with Colbun SA to gradually replace coal-based electricity with 100% renewables
November 3, 2022
Colbun SA, the Chilean Utility, has renegotiated a PPA with Codelco, the state owned copper miner, to gradually replace the contracted supply of coal-based electricity with 100% renewables. The contract will last until 2044. Source: Renewables Now
For first time, Chile’s power generation from solar and wind exceeds the production of electricity from coal
November 3, 2022
Chile sets Non Conventional Renewable Energy (NCRE) record by exceeding the production of electricity from coal over a 12-month period with solar and wind power generation. Source: BN Americas
Chile successfully places its first peso-denominated sustainable bonds
November 3, 2022
Chile successfully placed its first sustainable bonds in pesos. The country issued US$1.02 billion in 12 year notes. Source: Latin Finance