LAC Renewable Energy - Page 36 of 84

Preliminary license issued for 450 MWp Barro Alto PV complex in Goiás
July 19, 2024
The Brazilian state of Goiás has issued a preliminary license for the 450 MWp Barro Alto photovoltaic complex. The project is scheduled to be operational by the end of the year and will cost approximately US$238 million. Source: Renewables Now
Grenada forms task force to push for climate disaster compensation
July 19, 2024
Grenada is creating a task force to advocate for compensation for damage from climate change-related natural disasters affecting itself and other vulnerable states. Following Hurricane Beryl, Grenadian Prime Minister Dickon Mitchell announced that the government decided in an emergency meeting to have the Ministry of Foreign Affairs and the Ministry of Environment, Climate Resilience, and […]
Barbados plans to boost onshore wind power expansion
July 5, 2024
The Government of Barbados, with the support of the International Finance Corporation (IFC), is ramping up its climate change mitigation and energy diversification efforts by expanding its onshore wind power capacity. Source: Wind Insider
The Bahamas requires US$500 million to modernize the electrical grid
July 5, 2024
The Bahamas has identified a need of nearly US$500 million in capital expenditure to update the electrical grid. The government aims to address high power costs, frequent outages, and aging infrastructure, with some transformers and substations over 50 years old and close to collapse. Source: BNAmericas
IDB Invest launches first private sector bond to boost sustainable development in the Amazon
July 5, 2024
IDB Invest launched its first private sector bond to support green and social projects in the Amazon. The five-year, US$8.7 million bond aims to foster economic opportunities while protecting the rainforest. Source: IDB Invest
Nicaragua launches tender for geothermal development at Cosigüina Volcano
July 5, 2024
The Nicaraguan Ministry of Energy and Mines has launched an international tender seeking companies specializing in deep well drilling to develop geothermal energy at the Cosigüina volcano. Interested firms must submit proposals by August 19, 2024. Source: ThinkGeoEnergy
Solarpack connects 144 MWp solar farm to the power grid in Colombia
July 5, 2024
Solarpack connected its 144 MWp La Union solar farm to the grid in Colombia. The project required a total investment investment of US$100 million. Source: Renewables Now
SPIC and Recurrent Energy LLC inaugurate 292 MWp solar complex in Brazil
July 5, 2024
China’s State Power Investment Corporation (SPIC) and utility-scale solar and energy storage firm Recurrent Energy LLC have launched operation at a 292 MWp solar complex in Brazil. The project required a total investment of more than US$183.8 million. Source: Renewables Now
Ecoener to begin construction of 50 MW solar plant in Panama
July 5, 2024
Ecoener SA announced plans to begin building a 50 MW solar PV plant in Panama later this year. The plant is the company’s first project in Panama. They currently have projects operating in the Dominican Republic, Honduras, Guatemala, and Colombia. Source: PV Magazine LATAM