LAC Energy - Page 49 of 87 - New Energy Events

Colbun receives environmental approval for US$450 million solar-plus-storage project in Chile
February 15, 2024
Colbun has received environmental approval for its Celda Solar project in northern Chile. The US$450 million project will feature 421.9 MW of solar capacity coupled with a battery energy storage system. Source: Renewables Now
Petrobras and SENAI-ER forge alliance to study green hydrogen with pilot plant
February 15, 2024
Petrobras and SENAI-ER are teaming up to construct a pilot electrolysis plant in Brazil to study the green hydrogen value chain. With a three-year investment of around US$18 million, Petrobras aims to analyze the performance of microturbines and assess structural integrity using hydrogen and natural gas mixtures. Source: Renewables Now
Parana State to invest in 4.5 MW solar projects to power rural development
February 15, 2024
Parana state in Brazil has announced a US$2.9 million investment to establish six solar projects with a total capacity of 4.5 MW. These PV parks will supply solar power to all 412 units of the Rural Development Institute of Parana. Source: Renewables Now
BRDE supports renewable energy projects in Brazil’s Parana State with a US$3.8 million credit line
February 15, 2024
Brazil’s Regional Bank for the Development of the Far South, or BRDE has approved a US$3.8 million credit line to bolster renewable energy initiatives in the Cornelio Procopio municipality, Parana state. Initially, the funds will be allocated to installing solar panels on public buildings, aiming to slash electricity costs. Source: Renewables Now
Grenergy Renovables SA commits to net zero by 2040
February 15, 2024
Grenergy Renovables SA has approved a net-zero strategy, targeting carbon neutrality by 2040. The plan involves reducing greenhouse gas emissions across all scopes and transitioning to 100% renewable electricity consumption in projects. Source: Renewables Now
IDB and JICA agree additional US$1bn for Cooperation for Economic Recovery and Social Inclusion (CORE) program
February 15, 2024
The Inter-American Development Bank Group (IDB Group) and the Japan International Cooperation Agency (JICA) have decided to boost co-financing under the Cooperation for Economic Recovery and Social Inclusion (CORE) program, benefiting Caribbean countries. The US$1 billion increase will expand the programme’s funding to US$4 billion and extends its period until December 2028. Source: Jamaica Gleaner
IDB Invest and JPS sign US$100 million deal to upgrade Jamaica’s power infrastructure
February 15, 2024
IDB Invest and Jamaica Public Service Company Limited (JPS) have signed a US$100 million financing deal aimed at bolstering JPS’ capital investment program. This funding will aid in modernizing Jamaica’s electricity grid and enhancing electricity access across the country. CIBC Caribbean joined as a co-arranger, mobilizing an additional US$50 million for the initiative. Source: IDB […]
CAF achieves record-breaking bond placement in European market
February 15, 2024
CAF, the Development Bank of Latin America and the Caribbean, recently completed its largest bond placement in Europe, issuing a benchmark EUR1.5 billion with a 6 year term. Source: CAF
Dominican Republic launches bid for 22 MW solar park
February 1, 2024
Dominican Republic state hydroelectric company, Egehid began the bidding process to develop a US$17 million solar project in San Juan. The call is for engineering, procurement, and development of a 22 MW solar park. They also launched new wind project tenders. Applications are due mid-March. Source: BNAmericas