LAC Energy - Page 16 of 95 - New Energy Events

IDB Invest and JICA launch US$1 billion fund to boost sustainable investment in Latin America
February 28, 2025
IDB Invest and JICA have launched the US$1 billion TADAC Fund, JICA’s first private-sector fund with the IDB and its largest in Latin America and the Caribbean, to co-finance sustainable projects and catalyze private investment. The initiative aligns with IDB Invest’s “originate-to-share” model, which promotes collaboration to bridge the region’s financing gap. The fund may […]
EU, HDF, and Barbados launch green hydrogen-solar project for stable clean energy
February 28, 2025
The EU, Barbados, and HDF Energy have launched the Renewstable Barbados project, a green hydrogen storage initiative integrating solar power to ensure a stable and clean electricity supply. By combining intermittent solar generation with on-site hydrogen storage, the project addresses Barbados’ energy challenges and enhances grid resilience. Source: EC Europa
Ecuador unveils US$2.43 billion energy expansion plan with 1.47 GW of renewables
February 28, 2025
Ecuador has unveiled its 2025-2030 electric power expansion plan, targeting 1,471 MW of new hydro, solar, wind, and geothermal capacity, along with proposed nuclear energy investments. The US$2.43 billion initiative includes 23 projects in partnership with private companies, with solar energy leading at 963 MW and US$913 million in investment. Source: BNAmericas
RIC Energy develops 210 MW battery storage projects in Chile
February 28, 2025
Spanish renewable energy company RIC Energy is developing seven battery energy storage system (BESS) projects in Chile, totaling 210 MW with four-hour storage capacity. Two projects, Santa Remedios MC and Santa Amelia TU, have already secured access and connection permits, linking to substations in the Libertador General Bernardo O’Higgins region. Source: PV Magazine LATAM
360Energy issues fourth green bond to fund solar projects in Argentina
February 28, 2025
Argentine energy company 360Energy has launched its fourth green bond, aiming to raise US$10 million, expandable to US$15 million, to finance solar projects in Colón, Arrecifes, Realicó, Palomar, and Córdoba. Source: PV Magazine LATAM
Cuba inaugurates 21.87 MW solar park as part of 1,000 MW renewable energy expansion
February 28, 2025
Cuba has inaugurated the 21.87 MW Nursing School Solar Park in Cotorro, Havana, The project aims to add 1,000 MW to the National Electric Energy System. The broader initiative will contribute 2,000 MW to the National Electric Energy System, including 400 MW of distributed storage. Source: PV Magazine LATAM
Brazil’s Sudene approves US$10.8 million in funding for Borborema II wind park
February 28, 2025
Brazil’s Sudene has approved the release of US$10.8 million as part of a larger loan to support the development of the Borborema II wind park in Paraíba, strengthening renewable energy in the region. Source: Renewables Now
Aslan Energy Capital develops solar powered green hydrogen project in Mexico
February 28, 2025
Aslan Energy Capital is developing the Aslan Net-Zero Energy Mexico Project, a solar-powered green hydrogen and ammonia facility in Sonora, Mexico, set for completion by 2028. The project will produce carbon-free hydrogen and ammonia, which will be transported to California-based CalYan XGH for distribution and infrastructure development. Source: Energy Tech
Ecoener secures US$43.1 million Proparco loan for renewable energy in the Dominican Republic
February 28, 2025
Ecoener has secured a US$43.1 million loan from Proparco to support its renewable energy projects in the Dominican Republic, including the 60 MW Payita 1 solar PV plant. Source: Renewables Now