Mytilineos Energy & Metals secured US$377 million in financing from BNP Paribas, Intesa San Paolo, Sumitomo Mitsubishi Banking Corporation, Rabobank and Santander Chile for the development of a 588-MWp solar portfolio in Chile. Source: Renewables Now
The Bahamas has finalized a US$500 million 10-year commercial loan backed by an Inter-American Development Bank (IDB) guarantee. The loan will be used for infrastructure, education, and social welfare projects. Source: EWNews
The Government of Ceará and bp signed an MoU to develop the production of green hydrogen and its derivatives at the Pecém Industrial and Port Complex (CIPP). Source: Ceara.gov
The Center of Excellence in Geothermal Energy of the Andes (CEGA) of the University of Chile is set to carry out a feasibility study for a green hydrogen project that will utilize geothermal energy. Source: ThinGeoEnergy
Colombia has granted its inaugural license for a geothermal energy project to Parex Resources, a Canadian company, marking a significant step in the country’s efforts to diversify its energy sources. Source: Reuters
The Dominican Republic’s CNE began construction on the first major solar-plus-storage project in the country, which includes a 24.8MW battery energy storage system (BESS). Source: Energy Storage News
EDP Renewables (EDPR) and Andes Solar signed an agreement to co-develop three new wind energy projects in Chile, with a total capacity of around 450 MW. Source: Energy Tech
