LAC Renewable Energy - Page 11 of 88

IDB Invest and Massy Group launch US$150 million financing initiative to boost trade and food security in the Caribbean
March 27, 2025
IDB Invest and Massy Group have formed a strategic partnership to provide up to US$150 million in regional financing to support trade, food security, and sustainable growth in the Caribbean. The package includes a US$90 million long-term loan for capital upgrades and expansion, and a US$60 million trade finance program to bolster intraregional trade and […]
EU selects Vale and GEP’s Brazil green hydrogen hub as flagship climate initiative
March 27, 2025
A green hydrogen project by Vale and Green Energy Park (GEP) has been selected as a flagship initiative under the European Union’s Global Gateway Program in the Climate and Energy category. The project aims to build a green hydrogen unit supporting a future Mega Hub in Brazil as part of the “Brazil North-East Green Energy […]
Honduras awards region’s largest battery storage project to Windey-Equinsa
March 27, 2025
Honduras has awarded a US$50.2 million contract for a 75 MW battery energy storage system to the Chinese-Honduran consortium Windey-Equinsa. This project, selected through an international tender with six proposals, will be the largest energy storage system in Central America once operational by the end of 2025. Source: PV Magazine LATAM
World Bank approves US$320 million strategic partnership to support Haiti’s recovery
March 13, 2025
The World Bank Group has launched a new five-year partnership (2025-2029) to help Haiti recover from economic and social challenges. The strategy focuses on immediate relief for vulnerable populations while laying the foundation for long-term recovery. With a US$320 million grant investment, the initiative aims to strengthen economic governance, create jobs, and sustain essential services. […]
CDB approves US$17 million loan to transform education in Saint Lucia
March 13, 2025
The CDB has approved a US$17 million loan to support Saint Lucia’s education transformation initiative, aimed at expanding access to quality education, modernizing infrastructure, and improving teacher training. Source: Jamaica Observer
USACE pioneers sustainable wood management in Puerto Rico
March 13, 2025
The U.S. Army Corps of Engineers (USACE) Caribbean District is integrating responsible tree disposal management into its construction contracts in Puerto Rico. As part of the US$150.7 million Franklin Delano Roosevelt Avenue Bridge replacement project, removed trees are being repurposed at a sawmill instead of being sent to landfills. The initiative promotes sustainable wood reuse […]
Chile launches “Rural Solar Water” program to reduce energy costs
March 13, 2025
Chile’s Ministry of Energy has launched the “Rural Solar Water” program to support Rural Sanitation Systems (RSS) with sustainable energy solutions. Source: PV Magazine LATAM
Peru approves US$11.2 billion green hydrogen megaproject
March 13, 2025
Peru’s Ministry of Production has approved the Detailed Environmental Impact Study for the Horizonte de Verano Green Hydrogen Production Plant in Arequipa. The US$11.2 billion project will include a water desalination plant and a solar PV facility with a capacity of up to 5.85 GWp. Once fully operational in five years, it is expected to […]
Genneia launches first solar PV plant in Mendoza and expands renewable investments
March 13, 2025
Argentinian renewable energy developer Genneia has inaugurated its first solar PV plant in Mendoza, the 90MW Parque Solar Malargüe I, following a US$90 million investment. The company is also developing a new 150MW solar plant in Mendoza, bringing its total planned investment in the region to US$400 million by 2026. Source: Renewables Now