LAC Renewable Energy - Page 2 of 82

Atlas and Colbún sign 15-Year PPA for 230 MW/920 MWh battery storage project in Chile
April 10, 2025
Atlas Renewable Energy and Chilean utility Colbún have signed a 15-year PPA for a 230 MW/920 MWh stand-alone battery energy storage system (BESS) to be built in Antofagasta. Source: PV Magazine LATAM
Metlen seeks environmental approval for 300 MW solar and 1,236 MWh storage project in Chile
April 10, 2025
Greek company Metlen Energy & Metals has submitted its 300 MW Los Boldos solar and 252 MW/1,236 MWh battery storage project for environmental approval in Chile. Source: PV Magazine LATAM
Sudene approves US$18.9 million loan for 181.1 MW solar projects in Northeast Brazil
April 10, 2025
Brazil’s development agency Sudene has approved an US$18.9 million loan from its Northeast Development Fund for four EDP Renováveis solar projects totaling 181.1 MW in Rio Grande do Norte. Source: Renewables Now
Grenada secures US$12.6 million from UK to advance geothermal energy development
April 10, 2025
Grenada will receive approximately US$12.6 million from the UK Government, through a partnership with the Caribbean Development Bank (CDB) and the Foreign, Commonwealth & Development Office (FCDO), to support expanded geothermal exploration drilling near Mount Saint Catherine. Source: ThinkGeoEnergy
World Bank approves US$150 million to expand geothermal energy in El Salvador
April 10, 2025
The World Bank has approved a US$150 million investment to boost geothermal energy in El Salvador, funding the drilling of wells and the construction of a 25-MW geothermal power plant in Chinameca. Implemented by state-owned LAGEO, the project also includes social and environmental initiatives to support local communities, create green jobs, and promote the direct […]
Ecopetrol commits US$1.2 billion to cleaner fuels and refinery modernization
March 27, 2025
Ecopetrol announced a US$1.2 billion investment to produce cleaner fuels. This initiative aims to modernize its refineries and reduce the environmental impact of its operations. Source: BNAmericas
BNDES loans US$120.5 million for 121.5 MW in wind projects
March 27, 2025
BNDES approved a loan for US$120.5 million to support the development of 121.5 MW of Casa dos Ventos wind projects Source: Renewables Now
IDB and Chile sign US$180 million in agreements to boost sustainable growth and regional development
March 27, 2025
The IDB and Chile have signed US$180 million in agreements to promote sustainable economic growth, enhance regional government capabilities, diversify exports, and improve essential services on Rapa Nui. The agreements include funding for climate resilience, urban infrastructure, digital talent development, and energy and water service upgrades on Easter Island. Source: IADB
Chile allocates US$25.6 million to support three green hydrogen electrolyzer factories
March 27, 2025
CORFO has awarded US$25.6 million to support the development of three electrolyzer manufacturing facilities for the green hydrogen industry. The projects are led by consortiums from Chile, Spain, and China and are expected to generate over US$50 million in total investment and create more than 1,000 direct and indirect jobs. Source: PV Magazine LATAM