LAC Renewables - Page 24 of 96

DOE to provide US$500 million for solar and storage projects in Puerto Rico to improve grid resilience
January 9, 2025
The U.S. Department of Energy (DOE) will provide over US$500 million in loans to build and operate utility-scale solar and storage systems in Puerto Rico, enhancing the island’s grid resilience. The funding lands against a backdrop of continuing power outages on the island. Source: PV Magazine LATAM
PowerChina to build 530 MW solar park in Panama
January 9, 2025
PowerChina has been awarded a contract to build a 530 MW solar park in Panama by local company Sajalices Energy Co. Located in Cermeno, Panama Oeste Province. The project will be designed, built, and commissioned by PowerChina. Source: Renewables Now
AES Andes submits environmental impact study for US$10 billion green hydrogen project in Chile
January 9, 2025
AES Andes has submitted an environmental impact study (EIS) for its US$10 billion Inna green hydrogen and ammonia project in Chile, located near mining sites and port facilities in Antofagasta. The early-stage project plans to include three solar farms, three wind farms, a battery energy storage system, power infrastructure, hydrogen and ammonia production facilities, a […]
KfW provides US$103 million loan for green hydrogen projects in Chile
January 9, 2025
The German development bank KfW will provide a US$103 million loan as part of a US$1.03 billion financing platform to support green hydrogen projects in Chile. This agreement, made with the Republic of Chile and the economic development agency CORFO, is part of the European Global Gateway Renewable Hydrogen Funding platform, which also includes contributions […]
EGEPC launches tender for 40 MW solar plant in the DR
January 9, 2025
EGEPC has launched a tender for a 40 MW solar plant to improve the efficiency of its Punta Catalina thermoelectric plant in the Dominican Republic. The project aims to reduce greenhouse gas emissions by integrating solar energy into the existing coal-fired units, which produce 720 MW for the National Interconnected Electric System. The tender will […]
Grenergy secures US$324 million financing for solar-plus-storage project in Chile
January 9, 2025
Grenergy has secured US$324 million in financing for the fourth phase of its Oasis de Atacama solar-plus-storage project in Chile, set to include 269MW of solar PV capacity and 1.1GWh of battery storage. The financing consortium includes BNP Paribas, Natixis, Société Générale, the Bank of Nova Scotia, and SMBC.. Source: Energy Storage News
YamnaCo secures land agreement for green ammonia project at Port of Açu
January 9, 2025
YamnaCo has secured a land reservation agreement with the Port of Açu for a major green ammonia project in Brazil, which aims to produce up to one million tonnes of green ammonia per year. Located in the Port of Açu’s industrial complex, the project will require 1.8GW of electrolysers and is a key step in […]
Nevis achieves milestone with solar-powered desalination plant enhancing water security
December 19, 2024
The Nevis Island Administration (NIA) has connected a solar-powered desalination plant to the water grid, providing up to 60,000 gallons of treated water daily to residents between Butlers and Potworks. The project, supported by the UAE Caribbean Renewable Energy Fund, aims to improve water security. While not solving all water issues, the initiative marks a […]
IFC commits US$40 million loan for 90 MWp solar projects in Brazil
December 19, 2024
IFC has committed a US$40 million loan to Origo Energia for a portfolio of 22 small-scale, ground-mounted distributed generation (DG) solar projects in Brazil with a total capacity of 90 MWp. The financing includes concessional funding from the Clean Technology Fund and is structured as a green loan to support renewable energy development. This marks […]