Industry Analysis - Page 52 of 137

IDB approves US$400 million loan to Chile for green hydrogen development
March 14, 2024
The Inter-American Development Bank (IDB) has approved a US$400 million loan to Chile for the development of its green hydrogen industry, marking the first such loan granted by the IDB to a country in the region. Source: PV Magazine LATAM
Grenergy inaugurates the largest PV plant in south of Chile
March 14, 2024
Chile inaugurated the 241 MWp Gran Teno photovoltaic plant in the Maule region, the largest installation in the south of the country. Developed by Spanish company Grenergy. the plant, located in the province of Curicó, will provide electricity to over 136 thousand homes. Source: PV Magazine LATAM
Antigua and Barbuda inaugurate hybrid solar plant
March 14, 2024
A new solar and battery project in Antigua and Barbuda, funded by the UAE-Caribbean Renewable Energy Fund, is now operational. The design includes solar panels and batteries that can withstand hurricanes and supply all daytime energy needs. PV Magazine LATAM
Scatec ASA launched operation at 531 MW solar farm in Brazil
March 14, 2024
Norwegian renewable energy company Scatec ASA commenced commercial operation of the 531 MW Mendubim solar farm in the Brazilian state of Rio Grande do Norte. Source: Renewables Now
Genneia raises US$33 million through green bonds
March 14, 2024
Argentina’s Genneia successfully placed two green bonds and raised a total of US$33 million, which surpassed its intital target of US$10 million. Source: Renewables Now
Colombian firm Celsia and Chevron collaborate on solar farm in Panama
March 14, 2024
Colombia-based Celsia partnered with Chevron to set up and manage a 4.03-MWp solar farm at a fuel terminal in Colon, Panama. The solar plant will generate electricity required for Chevron’s operations at the terminal situated in Bahia Las Minas. Source: Renewables Now
IDB Lab invests in electric vehicle start-up, GoElectricTT, in Trinidad and Tobago
February 29, 2024
IDB Lab, the innovation arm of the IDB Group, will invest in startup GoElectricTT to introduce electric vehicles in Trinidad and Tobago. Source: IADB
Hyundai Motor announces US$1.1 billion investment in Brazil for green technology
February 29, 2024
Hyundai Motor is set to invest over US$1.1 billion in Brazil by 2032, focusing on technology for hybrid, electric, and green hydrogen cars Source: Reuters
Ignis unveils plans for six renewable projects in Peru
February 29, 2024
Spanish energy firm, Ignis, has unveiled plans to develop six renewable energy projects in Peru. Among these projects, four will be wind farms, expected to be operational by 2028, the other two will be PV projects. Source: PV Magazine LATAM