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LAC Renewables

  • Metlen Energy & Metals secures 15-Year PPA with Copec EMOAC for 450 GWh of solar power in Chile

    July 31, 2025

    Metlen Energy & Metals has secured a 15-year power purchase agreement (PPA) with Copec EMOAC to supply 450 GWh of electricity annually from four solar plants in Chile, starting in the second quarter of 2026. The project will be supported by 322 MW of battery energy storage systems (BESS) to ensure supply during evening and […]

  • Engie Chile begins construction of 306 MW Pampa Fidelia Wind Farm in Antofagasta region

    July 31, 2025

    Engie Chile has begun construction on the 306-MW Pampa Fidelia wind farm in the Antofagasta region. Once completed, the project will provide clean electricity to around 300,000 Chilean households. This development is part of Engie Chile’s plan to achieve 3.5 GW of installed capacity by 2027. Source: Renewables Now

  • Atlas Renewable Energy secures US$181 million financing for 505 MW Draco Solar Complex in Minas Gerais, Brazil

    July 31, 2025

    Atlas Renewable Energy has secured approximately US$ 181 million in financing from BNDES for the development of the 505 MW Draco Solar Complex in Minas Gerais, Brazil. The complex will consist of 11 photovoltaic plants, capable of powering around 569,000 homes, and is expected to begin operations in early 2026. The project also includes the […]

  • Puerto Rico’s grid operator uses tens of thousands of batteries to address energy shortfalls and power three million residents

    July 31, 2025

    Puerto Rico’s grid operator has successfully used tens of thousands of batteries across the island to address energy shortfalls and supply power to about three million residents. What began as a pilot program in 2023 has evolved into the first operational behind-the-meter virtual power plant in Latin America and the Caribbean, providing crucial support for […]

  • Caribbean Development Bank launches US$4.36 million grant facility to support climate-smart, gender-responsive, and agriculture-focused development

    July 31, 2025

    The Caribbean Development Bank (CDB) is launching a US$4.36 million Grant Facility, financed by the Agence Française de Développement (AFD), to support climate-smart, gender-responsive, and agriculture-focused development projects in its Borrowing Member Countries (BMCs). This initiative aims to overcome technical and financial challenges that hinder key projects, while fostering targeted investments. It is part of […]

  • Eastern Caribbean countries sign US$115 million financing agreement with The World Bank

    July 31, 2025

    Eastern Caribbean countries have signed a US$115 million financing agreement with the World Bank under the Caribbean Resilient Renewable Energy Infrastructure Investment Facility (CRREIIF). This initiative, aimed at enhancing climate resilience in the Eastern Caribbean Currency Union (ECCU), will focus on improving energy security, reducing reliance on imported fossil fuels, and boosting regional competitiveness by […]

  • World bank approves green hydrogen strategy support for Pecém Industrial and Port complex in Ceará, Brazil

    July 31, 2025

    The World Bank has approved a new operation to support the green hydrogen strategy of the Pecém Industrial and Port Complex (CIPP) and the Government of Ceará, Brazil. The project will finance critical infrastructure to enable clean hydrogen production, attract private investment, and drive job creation and long-term climate resilience in the region. Source: The […]

  • Green Climate Fund approves US$50M for ATOME’s Villeta green fertiliser project in Paraguay

    July 9, 2025

    ATOME Energy has secured US$50 million in concessional financing from the Green Climate Fund (GCF) for its US$630 million Villeta green fertiliser project in Paraguay, marking a major step toward final investment decision. The funding, provided through the International Finance Corporation (IFC), will reduce capital costs, enhance project bankability, and support the decarbonization of fertiliser […]

  • Colombia confirms first discovery of naturally occurring white hydrogen in Latin America

    July 9, 2025

    In a groundbreaking development for geosciences and the energy transition in Colombia, the National Hydrocarbons Agency (ANH) has confirmed the presence of naturally occurring hydrogen in the country’s subsurface. Led by ANH’s technical vice presidency, the finding marks one of the first documented occurrences of white hydrogen in Latin America, positioning Colombia among the few […]

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