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Industry Analysis

  • Electron Energy and Kroma Energia started development on a 101 MW solar farm facility in Pernambuco

    July 27, 2022

    Electron Energy and Kroma Energia partner to develop a 101 MW solar farm facility in Pernambuco. The project, which has commenced, will have four solar farms. Source: Renewables Now

  • Brazil adds 137.2 MW of wind and solar power capacity across the country in one month

    July 27, 2022

    Brazil adds 137.2 MW of wind and solar power capacity in June. They added 87.6 MW of wind and 49.6 MW of solar power across the country. Source: News Hub

  • The IDB provided Colombia a US$300 million loan for sustainable projects

    July 27, 2022

    Colombia received a US$300 million loan from the IDB for sustainable projects to reduce greenhouse gas emissions and create more jobs. The proceeds will be used to strengthen government policies in the agricultural, forestry, energy, and transportations sectors. Source: Latin Finance

  • Petrobas signed its first sustainability-linked loan for US$1.25 billion

    July 27, 2022

    Petrobas signed its first sustainability-linked loan for US$1.25 billion with plans to use the proceeds on projects to lower emissions. Source: Latin Finance

  • Unicoba issues US$23.2 million in local green bonds in Brazil

    July 27, 2022

    Unicoba, the Brazilian lithium battery and lighting manufacturer, issued US$23.2 million in local green bonds. Source: Latin Finance

  • The IDB will put up a guarantee for a bond sale by a sovereign issuer in the Caribbean by the end of the year

    July 27, 2022

    The IDB plans to put up another guarantee for a bond sale issued by a sovereign state in the Caribbean by the end of the year. Last month, they guaranteed US$200 million to support the Bahamas in the sale of US$385 million in bonds. Source: Latin Finance

  • Peru’s state-owned mortgage lender signs agreement for US$290 million credit line to finance green home loans

    July 27, 2022

    The state owned mortgage lender in Peru, Fondo Mivivienda, signed an agreement for a ten year credit line from JP Morgan for US$290 million to finance green home loans. Source: Latin Finance

  • Three Norwegian companies start construction on 531 MW solar farm in Brazil

    July 27, 2022

    Norwegian companies, Scatec, Equinor, and Hydro Rein team up to construct the 531 MW Mendubim solar farm in Rio Grande de Norte. Source: Renews.Biz

  • German development bank KfW will lend Colombia around US$200 million to help with their clean energy transition

    July 27, 2022

    Colombia will receive around US$200 million in a loan from German state-owned development bank KfW to support the country’s renewable energy transition. Source: Renewables Now

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