LAC Energy - Page 7 of 102 - New Energy Events

EIB approves loan of up to US$135 million for Atome PLC’s green fertilizer project in Villeta, Paraguay
July 31, 2025
EIB has approved a loan of up to US$135 million for Atome PLC’s green fertilizer project in Villeta, Paraguay. The 145 MW hydrogen-to-ammonia facility will produce 260,000 tonnes of green fertilizer annually using renewable power from the Itaipu dam. The project, which has secured a renewable power purchase agreement, is expected to begin operations in […]
Acciona Energía launches 162.6 MWp Cotoperí Solar Complex in La Romana, Dominican Republic
July 31, 2025
Acciona Energía has launched the 162.6-MWp Cotoperí Solar complex in La Romana, Dominican Republic. The facility, consisting of three solar farms, will generate 286 GWh of electricity annually, enough to power around 166,000 households. It is now the largest photovoltaic installation in Central America and the Caribbean. Source: Renewables Now
Metlen Energy & Metals secures 15-Year PPA with Copec EMOAC for 450 GWh of solar power in Chile
July 31, 2025
Metlen Energy & Metals has secured a 15-year power purchase agreement (PPA) with Copec EMOAC to supply 450 GWh of electricity annually from four solar plants in Chile, starting in the second quarter of 2026. The project will be supported by 322 MW of battery energy storage systems (BESS) to ensure supply during evening and […]
Engie Chile begins construction of 306 MW Pampa Fidelia Wind Farm in Antofagasta region
July 31, 2025
Engie Chile has begun construction on the 306-MW Pampa Fidelia wind farm in the Antofagasta region. Once completed, the project will provide clean electricity to around 300,000 Chilean households. This development is part of Engie Chile’s plan to achieve 3.5 GW of installed capacity by 2027. Source: Renewables Now
Atlas Renewable Energy secures US$181 million financing for 505 MW Draco Solar Complex in Minas Gerais, Brazil
July 31, 2025
Atlas Renewable Energy has secured approximately US$ 181 million in financing from BNDES for the development of the 505 MW Draco Solar Complex in Minas Gerais, Brazil. The complex will consist of 11 photovoltaic plants, capable of powering around 569,000 homes, and is expected to begin operations in early 2026. The project also includes the […]
Puerto Rico’s grid operator uses tens of thousands of batteries to address energy shortfalls and power three million residents
July 31, 2025
Puerto Rico’s grid operator has successfully used tens of thousands of batteries across the island to address energy shortfalls and supply power to about three million residents. What began as a pilot program in 2023 has evolved into the first operational behind-the-meter virtual power plant in Latin America and the Caribbean, providing crucial support for […]
Caribbean Development Bank launches US$4.36 million grant facility to support climate-smart, gender-responsive, and agriculture-focused development
July 31, 2025
The Caribbean Development Bank (CDB) is launching a US$4.36 million Grant Facility, financed by the Agence Française de Développement (AFD), to support climate-smart, gender-responsive, and agriculture-focused development projects in its Borrowing Member Countries (BMCs). This initiative aims to overcome technical and financial challenges that hinder key projects, while fostering targeted investments. It is part of […]
Eastern Caribbean countries sign US$115 million financing agreement with The World Bank
July 31, 2025
Eastern Caribbean countries have signed a US$115 million financing agreement with the World Bank under the Caribbean Resilient Renewable Energy Infrastructure Investment Facility (CRREIIF). This initiative, aimed at enhancing climate resilience in the Eastern Caribbean Currency Union (ECCU), will focus on improving energy security, reducing reliance on imported fossil fuels, and boosting regional competitiveness by […]
World bank approves green hydrogen strategy support for Pecém Industrial and Port complex in Ceará, Brazil
July 31, 2025
The World Bank has approved a new operation to support the green hydrogen strategy of the Pecém Industrial and Port Complex (CIPP) and the Government of Ceará, Brazil. The project will finance critical infrastructure to enable clean hydrogen production, attract private investment, and drive job creation and long-term climate resilience in the region. Source: The […]