LAC Renewables - Page 18 of 87

United H2 Ltd. expands in Latin America with GreenH2 LATAM joint venture
December 6, 2024
United H2 Limited (UHL), an Australian hydrogen company, is expanding its presence in Latin America by investing in Mexico-based GreenH2 LATAM. Through a joint venture partnership, UHL and GreenH2 LATAM aim to deliver hydrogen production and end-use technologies for both the local Mexican market and European markets. Source: Renewables Now
Yinson Renewables secures financing for Peru’s first subsidy-free solar project
December 6, 2024
Yinson Renewables has secured US$59 million in financing for its 97 MWp Matarani Solar project in Arequipa, Peru, which began operations earlier this year. The project, backed by a loan from IDB Invest and Natixis, is Peru’s first subsidy-free solar plant and will produce 260 GWh annually, helping diversify the country’s energy mix, which is […]
EDF Renewables seeks approval for 240 MW wind farm with energy storage in Chile
December 6, 2024
EDF Renewables has applied for an environmental permit in Chile to develop a 240 MW wind farm in the Coquimbo region, named the Quebrada Locayo project. The project, with an estimated investment of US$396 million, will include a 300 MWh battery energy storage system, 30 wind turbines, and supporting infrastructure. EDF plans to begin construction […]
Colbun produces first green hydrogen molecule at Nehuenco Plant
December 6, 2024
Chilean utility Colbun has successfully produced its first green hydrogen molecule using a small-scale system at its Nehuenco gas-fired plant in the Valparaiso region. The test run is part of preparations for the system’s commissioning, which aims to replace grey hydrogen used in the plant’s cooling units. The green hydrogen plant, consisting of electrolysers, solar […]
Colombia introduces new pricing mechanism for electricity market
December 6, 2024
Colombia’s government has introduced a new pricing mechanism for electricity on the country’s energy exchange, aiming to stabilize prices. Under the new rules, plants with low operating costs, such as those powered by coal, hydro, solar, and wind, will face significantly lower price caps. In contrast, high-cost plants using natural gas, diesel, or imported fuels […]
Argentina partners with Germany on green hydrogen and ammonia projects
December 6, 2024
Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK), in collaboration with the German International Cooperation Society (GIZ) and Austria-based RP Global, has launched a partnership in Argentina to develop green hydrogen and green ammonia projects. These initiatives will target both domestic use and exports to Europe, particularly Germany. The partnership includes studies on […]
Bahamas announces US$300 million debt-for-nature swap for marine conservation
December 6, 2024
The Bahamas has refinanced US$300 million of its external debt, securing over US$120 million for marine conservation and climate change mitigation projects. This “debt-for-nature” deal, the fifth of its kind globally, was made with The Nature Conservancy, the Inter-American Development Bank, and other financial partners. Source: AP News
Trinidad and Tobago launches wind resource assessment for future wind energy deployment
December 6, 2024
Trinidad and Tobago has initiated the onshore “Wind Resource Assessment Programme (WRAP)” by deploying Light Detection and Ranging (LiDAR) devices at Orange Valley and Galeota to measure wind data for the next 12-18 months. This project marks the first step towards wind energy development in the country. The successful deployment follows a consultancy supported by […]
Jamaica awards large-scale solar projects to Wigton Energy and SunTerra Energy
December 6, 2024
Wigton Energy and SunTerra Energy Jamaica have won bids to develop large-scale solar projects in Jamaica following a 100 MW renewables tender held in 2023. Wigton Energy will build a 49.83 MW plant in Clarendon, while SunTerra Energy will construct a 50 MW plant in Trelawny. Both companies will own, operate, and negotiate power purchase […]