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LAC Renewable Energy

  • The European Union pledges funding for a 10 GW green hydrogen and ammonia complex in Brazil

    November 26, 2023

    The European Union announced their support and pledged funding for a 10 GW green hydrogen and ammonia complex in the Brazilian state of Piaui. Source: Hydrogen Insight

  • Barbados plans to raise around US$295 million in debt-for-climate deal

    November 26, 2023

    Barbados will receive around US$295 million from the sale of sustainability-linked debt in a debt-for-climate deal with the European Investment Bank (EIB) and the Inter-American Development Bank (IDB). The EIB is set to provide US$150 million and the IDB will provide the rest. Source: Latin Finance

  • IDB Invest issues a 5-year, COP 82 billion (US$20M) sustainability bond in the international market

    November 26, 2023

    IDB Invest placed a COP 82 billion (US$20M) sustainability bond in the international market. The bond will fund green and social projects in Colombia. Source: IDB Invest

  • Uruguay publishes 2040 green hydrogen roadmap

    November 9, 2023

    The energy ministry of Uruguay published a definitive green hydrogen roadmap. Within the draft, officials estimated that a hydrogen and derivatives industry could generate around US$2 billion in revenue by 2040. Source: BN Americas

  • The IDB approves loan for US$200 million to electrify rural communities in Bolivia

    November 9, 2023

    The IDB approved a US$200 million dollar loan in support of a Bolivian program that works to universalize electric energy service, specifically in rural areas. The program will use different technologies to supply electricity, including the installation of solar plants, the extension of distribution networks, construction of mini-grids with hybrid renewable energy systems and energy […]

  • The US is investing US$440 million to install PV with storage in Puerto Rico

    November 9, 2023

    The United States Department of Energy (DOE) will invest US$440 million for the installation of residential solar and battery storage systems in up to 40,000 homes in Puerto Rico. Source: PV Magazine LATAM

  • Argentina is set to develop 450 MW of PV power plants

    November 9, 2023

    The state of Mendoza in Argentina is set to develop six new PV plants with an overall total capacity of 450 MW. Source: PV Magazine LATAM

  • The National Energy Commission (CNE) of the Dominican Republic reports significant growth in distributed generation

    November 9, 2023

    The National Energy Commission (CNE) of the Dominican Republic has reported significant growth in distributed generation through the Net Metering Program. In 2019, the country had 80 MW of distributed generation, which has now increased to over 320 MW in 2023. This distributed generation accounts for 2% of the country’s electricity supply. Source: PV Magazine […]

  • Opdenergy Holdings SA announces PPA for 108 MW solar farm in central Chile

    November 9, 2023

    Spanish renewables developer, Opdenergy Holdings SA, secured a multi-year PPA for a 108 MW solar farm in central Chile Source: Renewables Now 

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