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Industry Analysis

  • Grenergy Renovables SA secures US$157 million loan from Banco Santander SA for renewable energy projects

    November 26, 2023

    Spanish renewables developer-operator, Grenergy Renovables SA secured a loan for US$157 million loan from Banco Santander SA to fund renewable energy and battery storage projects in Latin America. Source: Renewables Now 

  • Gold Fields Limited secures environmental approval for a 7.3 MW solar farm in Chile

    November 26, 2023

    Gold Fields Limited, a South Africa-based gold mining company, secured environmental approval to develop a 7.3 MW solar farm in its open pit mine in Chile. Source: Renewables Now 

  • The Electric Energy Trading Chamber issues the first renewable hydrogen certificates in Brazil

    November 26, 2023

    The Electric Energy Trading Chamber (CCEE) issued the first renewable hydrogen certifications in Brazil ensuring that the input produced by the energy companies, EDP and Furnas, was sustainably manufactured in accordance with international standards Source: CCEE

  • The European Union pledges funding for a 10 GW green hydrogen and ammonia complex in Brazil

    November 26, 2023

    The European Union announced their support and pledged funding for a 10 GW green hydrogen and ammonia complex in the Brazilian state of Piaui. Source: Hydrogen Insight

  • Barbados plans to raise around US$295 million in debt-for-climate deal

    November 26, 2023

    Barbados will receive around US$295 million from the sale of sustainability-linked debt in a debt-for-climate deal with the European Investment Bank (EIB) and the Inter-American Development Bank (IDB). The EIB is set to provide US$150 million and the IDB will provide the rest. Source: Latin Finance

  • IDB Invest issues a 5-year, COP 82 billion (US$20M) sustainability bond in the international market

    November 26, 2023

    IDB Invest placed a COP 82 billion (US$20M) sustainability bond in the international market. The bond will fund green and social projects in Colombia. Source: IDB Invest

  • Uruguay publishes 2040 green hydrogen roadmap

    November 9, 2023

    The energy ministry of Uruguay published a definitive green hydrogen roadmap. Within the draft, officials estimated that a hydrogen and derivatives industry could generate around US$2 billion in revenue by 2040. Source: BN Americas

  • The IDB approves loan for US$200 million to electrify rural communities in Bolivia

    November 9, 2023

    The IDB approved a US$200 million dollar loan in support of a Bolivian program that works to universalize electric energy service, specifically in rural areas. The program will use different technologies to supply electricity, including the installation of solar plants, the extension of distribution networks, construction of mini-grids with hybrid renewable energy systems and energy […]

  • The US is investing US$440 million to install PV with storage in Puerto Rico

    November 9, 2023

    The United States Department of Energy (DOE) will invest US$440 million for the installation of residential solar and battery storage systems in up to 40,000 homes in Puerto Rico. Source: PV Magazine LATAM

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