Industry Analysis - Page 36 of 141

Costa Rica’s ICE plans to develop largest solar farm in the country
October 10, 2024
Costa Rica’s Instituto Costarricense de Electricidad (ICE) has announced plans to build a 66 MW solar farm in Guanacaste, the country’s largest. An investment of around US$80 million has been allocated for the feasibility study of the solar project, which is expected to generate approximately 139.49 GWh annually. Source: Renewables Now
EU and Uruguay sign US$2.2 million agreement to advance green hydrogen roadmap
October 10, 2024
The EU and the Government of Uruguay have signed a declaration of intent for a US$2.2 million non-reimbursable contribution to strengthen Uruguay’s green hydrogen roadmap. The funding will enhance capacity building for green hydrogen production, adapt the regulatory framework, and implement a public awareness plan. Source: Renewables Now
BNDES approves US$110.7 million loan for 422 MWp solar complex
October 10, 2024
The Brazilian Development Bank (BNDES) has approved a US$110.7 million loan for the construction of the 422-MWp Irapuru Solar Complex, part of the Janauba Solar Complex in Minas Gerais. Source: Renewables Now
Brazil’s Sudene approves US$27.6 million loan for solar projects by EDP Renovaveis Brasil
September 26, 2024
Brazil’s Superintendency for the Development of the Northeast (Sudene) has approved a US$27.6 million loan for two solar projects developed by EDP Renovaveis Brasil, with a combined capacity of 98 MW. Source: Renewables Now
Yinson Renewables’ 97-MWp Matarani solar farm in Peru begins full commercial operation
September 26, 2024
Malaysia’s Yinson Renewables has announced that its 97-MWp Matarani solar farm in Peru has officially reached full commercial operation. The plant, which began producing power in July 2024, is expected to produce 260 GWh annually, supplying electricity to around 62,000 Peruvian households. Source: Renewables Now
Dominica launches US$49.2m Loubiere to Bagatelle Road Rehabilitation Project to boost safety and climate resilience
September 26, 2024
Dominica has launched the Loubiere to Bagatelle Road Rehabilitation Project. The project, estimated at US$49.2 million, is co-financed by the Caribbean Development Bank (CDB) and the UK Government through the UK Caribbean Infrastructure Partnership Fund (UKCIF). The initiative aims to enhance road safety and climate resilience, benefiting over 6,000 residents by reducing travel times, improving […]
Sandals Foundation invests US$110,000 in Caribbean education
September 26, 2024
The Sandals Foundation has announced an investment of around US$110,000 in Caribbean education. This funding aims to improve educational opportunities through scholarships, infrastructure enhancements, teacher training, and essential school supplies. Source: Caribbean Loop News
Grenergy acquires 1 GW solar PV portfolio to boost Oasis de Atacama Project, increasing BESS capacity to 11 GWh
September 26, 2024
IPP Grenergy has acquired a 1 GW solar PV portfolio, massively expanding the Oasis de Atacama solar-plus-storage project, the world’s largest battery energy storage system. The US$128 million investment will increase BESS capacity from 4.1 GWh to 11 GWh and double solar PV capacity from 1 GW to 2 GW. Source: Energy Storage
CAF and UNOPS sign MOU to enhance sustainable development collaboration in Latin America and the Caribbean
September 26, 2024
CAF and the United Nations Office for Project Services (UNOPS) have signed a Memorandum of Understanding (MOU) to collaborate on sustainable development in the region. The agreement focuses on areas such as technical assistance for infrastructure projects, feasibility studies, joint training in project management, resource mobilization, and capacity building initiatives. Source: CAF