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LAC Renewable Energy

  • Peru seeks to revive US$550 million electricity interconnection project with Chile

    October 29, 2026

    Peru plans to resume talks with Chile on a proposed 1,000 MW electricity interconnection between Montalvo and Kimal, aimed at facilitating cross-border power exchanges and making better use of Chile’s surplus solar and wind generation. A 2025 IDB-commissioned study estimated the 500 kV transmission project would require US$550 million in investment and could enable annual […]

  • IRENA launches regional partnership to accelerate renewable energy investment in LAC

    October 29, 2026

    The International Renewable Energy Agency (IRENA) launched the Partnership for Accelerating Renewables in Latin America and the Caribbean (PARLAC) in Santo Domingo, Dominican Republic. The initiative aims to strengthen regional cooperation on renewable energy deployment, policy planning and investment facilitation, helping countries turn energy transition goals into actionable projects. IRENA also signed a Letter of […]

  • Trinidad and Tobago allocates US$601 million to public utilities in 2027 Budget

    October 29, 2026

    Trinidad and Tobago’s 2027 Budget allocates approximately US$601 million to public utilities, prioritizing improvements to water infrastructure, electricity reliability, and essential services. The government plans to advance three proposed desalination plants in Mayaro, Morne Diablo and Tobago to strengthen water security and address persistent supply challenges. These efforts build on recent investments in pipeline upgrades, […]

  • Jamaica’s NWC seeks 51% water tariff increase to fund investment plan

    October 29, 2026

    Jamaica’s National Water Commission (NWC) has applied for a 51% tariff increase to help cover rising operating costs and finance priority investments. The utility cited growing expenses, including energy costs, and warned that its investment plan may need to be revised if the increase is not approved. The proposal is subject to review and public […]

  • ATOME moves to terminate Villeta PPA amid Paraguay dispute

    October 13, 2026

    ATOME has given notice to terminate its 145 MW power purchase agreement with Paraguay’s state-owned utility ANDE, effective at the end of 2026, after the parties failed to agree on a standstill arrangement. The move follows a treaty dispute over the withdrawal of long-term, fixed-price power guarantees. ATOME says it remains in discussions with the […]

  • CDB launches US$550,000 facility for women-led Caribbean clean-energy innovation

    October 11, 2026

    CDB has launched a US$550,000 SheTrades Caribbean facility to help women-led clean-energy businesses commercialize technologies across eight countries. The 2026–2028 programme includes business support and a competitive US$100,000 R&D grant, with applications expected in the first quarter of 2027. Source: CDB

  • Costa Rica advances seven solar plants totaling 170 MW

    October 11, 2026

    Costa Rica’s ICE is advancing seven solar plants in Puntarenas totaling about 170 MW and US$200 million of investment. Six are privately developed, while ICE’s Las Delicias project accounts for 80 MW; all are targeted for 2028. Source: Grupo ICE

  • CARICOM and OPEC Fund open new climate-finance cooperation channel

    October 11, 2026

    CARICOM and the OPEC Fund have signed a cooperation framework covering climate resilience, sustainable development, policy diagnostics and development of adaptation and mitigation projects, creating a potential new financing and technical-assistance channel for member states. Source: CARICOM

  • CAF approves US$120 million for ANCAP modernization and energy transition

    October 11, 2026

    CAF has approved a non-committed credit line of up to US$120 million for ANCAP’s investment plan in Uruguay. Eligible projects span critical-asset modernization, emissions reduction, water and energy efficiency, logistics improvements and cleaner fuels. Source: CAF

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