LAC Energy - Page 15 of 87 - New Energy Events

EGEPC launches tender for 40 MW solar plant in the DR
January 9, 2025
EGEPC has launched a tender for a 40 MW solar plant to improve the efficiency of its Punta Catalina thermoelectric plant in the Dominican Republic. The project aims to reduce greenhouse gas emissions by integrating solar energy into the existing coal-fired units, which produce 720 MW for the National Interconnected Electric System. The tender will […]
Grenergy secures US$324 million financing for solar-plus-storage project in Chile
January 9, 2025
Grenergy has secured US$324 million in financing for the fourth phase of its Oasis de Atacama solar-plus-storage project in Chile, set to include 269MW of solar PV capacity and 1.1GWh of battery storage. The financing consortium includes BNP Paribas, Natixis, Société Générale, the Bank of Nova Scotia, and SMBC.. Source: Energy Storage News
YamnaCo secures land agreement for green ammonia project at Port of Açu
January 9, 2025
YamnaCo has secured a land reservation agreement with the Port of Açu for a major green ammonia project in Brazil, which aims to produce up to one million tonnes of green ammonia per year. Located in the Port of Açu’s industrial complex, the project will require 1.8GW of electrolysers and is a key step in […]
Nevis achieves milestone with solar-powered desalination plant enhancing water security
December 19, 2024
The Nevis Island Administration (NIA) has connected a solar-powered desalination plant to the water grid, providing up to 60,000 gallons of treated water daily to residents between Butlers and Potworks. The project, supported by the UAE Caribbean Renewable Energy Fund, aims to improve water security. While not solving all water issues, the initiative marks a […]
IFC commits US$40 million loan for 90 MWp solar projects in Brazil
December 19, 2024
IFC has committed a US$40 million loan to Origo Energia for a portfolio of 22 small-scale, ground-mounted distributed generation (DG) solar projects in Brazil with a total capacity of 90 MWp. The financing includes concessional funding from the Clean Technology Fund and is structured as a green loan to support renewable energy development. This marks […]
Grenada launches “Build Back Better” project to rebuild homes and infrastructure in Petite Martinique after Hurricane Beryl
December 19, 2024
Grenada has launched the “Build Back Better” project in Petite Martinique to rebuild homes with storm-resistant structures, following the devastation caused by Hurricane Beryl in July. The initiative aims to offer long-term security for affected residents, with the government already constructing three new homes and planning additional projects to support those unable to afford repairs. […]
UK reaffirms commitment to sustainable development in Latin America and the Caribbean with US$100 million capital increase in IDB
December 19, 2024
The UK has reaffirmed its support for sustainable development in Latin America and the Caribbean by announcing a US$100 million capittal increase in the Inter-American Development Bank (IDB). This includes backing the IDB’s “Originate to Share” business model and plans for a potential fivefold increase in the UK’s capital share in the institution. Source: Jamaica […]
Chile’s US$225 million lithium-ion battery storage project approved for environmental review
December 19, 2024
A lithium-ion battery energy storage project (BESS) with 333 MW power and 1,480 MWh capacity has been approved for environmental processing in Buin, Chile. With a US$225 million investment, the project includes a 220/33 kV substation and a transmission line. Source: PV Magazine LATAM
Suriname begins construction of three hybrid solar plants to power 25 villages
December 19, 2024
Construction of three hybrid solar power plants in Suriname is underway to supply 25 villages with electricity. The plants, located in Daume, Cajana, and Galibi, will combine solar panels, battery storage, and backup diesel generators, providing 360 kWh per cluster. This initiative is part of Phase II of the Suriname Village Solar Microgrid Project, implemented […]