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LAC Renewable Energy

  • Enel Green Power begins operation of 348.3 MW wind complex in Brazil

    April 14, 2024

    Enel Green Power SpA has completed the Aroeira Wind Complex in Bahia, Brazil, with a capacity of 348.3 MW. It is expected to supply electricity to around 849,000 homes and has created approximately 3,000 jobs. Source: Renewables Now 

  • Voltalia plans US$3 billion green hydrogen project in Brazil’s Ceara state

    April 14, 2024

    Voltalia do Brasil plans to undertake a US$3 billion project for green hydrogen and ammonia production in Ceara, Brazil. The state government has signed a pre-contract with the Voltalia subsidiary to facilitate implementation of the project at the Pecem industrial and port complex. Source: Renewables Now 

  • St. Kitts and Nevis Prime Minister to lead renewable energy funding talks in Abu Dhabi

    April 14, 2024

    Prime Minister Dr. Terrance Drew of St. Kitts and Nevis is preparing for an international trip focused on securing funding for a groundbreaking renewable energy project and participating in two prominent panel discussions. His itinerary includes a crucial visit to Abu Dhabi, UAE, where he plans to engage in further talks with a consortium interested […]

  • IDB approves $60 million credit line to boost blue economy in the Bahamas

    April 14, 2024

    The Inter-American Development Bank (IDB) proposed a US$60 million Conditional Credit Line for Investment Projects aimed at promoting sustainable development in The Bahamas. This initiative targets the growth of micro, small, and medium-sized enterprises (MSMEs) within the country’s blue economy sector. Source: IDB

  • AGM proposes geothermal exploration subsidy in Mexico

    April 14, 2024

    The Mexican Geothermal Association (AGM) is advocating for a subsidy to support geothermal exploration, suggesting that funding could be sourced from the country’s oil revenue Source: ThinkGeoEnergy

  • IDB Invest issues sustainable bonds to fund infrastructure and projects in Latin America

    March 28, 2024

    IDB Invest recently issued two sustainable bonds in local currency. One was valued at 2.5 billion Mexican pesos (about US$150 million) while the other was valued at 40 billion Colombian pesos (around US$10 million). The funds will be directed towards promoting inclusive financing and providing support for essential infrastructure projects in transportation, renewable energy, telecommunications, […]

  • BBVA Perú secures US$250 million loan for sustainable building projects

    March 28, 2024

    BBVA Perú has secured a US$250 million loan from the International Finance Corporation (IFC) and the Japan International Cooperation Agency (JICA). The funding will be directed towards supporting sustainable building projects through lending initiatives. Source: Latin Finance

  • Bahamas seeks accountability for climate change

    March 28, 2024

    The Bahamas has submitted a request to the International Court of Justice (ICJ) to hold countries accountable for climate change. This submission follows the country’s support for a UN Resolution seeking an advisory opinion on states’ obligations regarding climate change. Source: Tribune242

  • Grenergy Renovables SA launches 200 MW solar farm in Chile

    March 28, 2024

    Grenergy Renovables SA inaugurated a 200 MW solar farm in Chile. The plant consists of 367,200 solar panels and will supply electricity to over 136,000 homes. Source: Renewables Now

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