LAC Renewables - Page 82 of 87

Genneia secures a loan for up to US$85 million to fund wind and solar projects in Argentina
March 2, 2023
Genneia, the Argentinian power company, signed a loan agreement to procure up to US$85 million to fund the construction of wind and solar projects in Argentina. The company will receive the loan from the Dutch development bank FMO and Development Finance Institute Canada (FinDev). Source: Renewables Now
Mexico’s president launched the first phase of the solar-plus-storage power plant in the state of Sonora
March 2, 2023
Mexico’s president launched the first phase of the Puerto Penasco solar-plus-storage power plant in the Mexican state of Sonora. The project is expected to grow to 1,000 MW of solar capacity with 192 MW of batteries. Source: Renewables Now
BNDES approved a US$2.2 million loan in additional funding to Albioma Codora Energia for the development of a a new biogas production line at an existing facility
March 2, 2023
The Brazilian Development Bank (BNDES) approved a US$2.2 million loan to help fund a new biogas production line at an existing facility in Goianesia, Goias state. The new financing is an additional loan to Albioma Codora Energia, all of which will cover 83% of the total cost of the project. Source: Renewables Now
Grupo Ibereolica Renovables receives approval to build an 805.2 MW wind farm in Chile
March 2, 2023
Grupo Ibereolica Renovables secures environmental approval in Chile to construct an 805.2 MW wind farm in the Antofagasta region. The total investment for the project is around US$685 million. Source: Renewables Now
Enel Green Power Chile starts commercial operation of 375 M solar farm
March 2, 2023
Enel Green Power Chile received approval to start commercial operation at its 375 MW Campos del Sol solar PV farm. According to the company, it is one of the largest solar farms in Chile. Source: Renewables Now
Mexico’s Nuevo León state released its H2:30 plan which aims to establish the region as a green hydrogen production hub
February 15, 2023
Mexico’s Nuevo León state has laid out its H2:30 plan to become a green hydrogen production hub over the next seven years. The plan aims to create green hydrogen projects and bring together the public and private sectors to establish goals to understand the state’s potential hydrogen value chain, attract investment to the hydrogen sector, […]
Argentina conducts social and environmental studies for proposed 5 MW pilot geothermal project
February 15, 2023
Social and environmental studies are currently underway in Argentina for the proposed 5 MW pilot geothermal plant in the area of the Domuyo volcano. Source: ThinkGeoEnergy
Grenada currently in exploratory phase of geothermal drilling
February 15, 2023
Grenada is actively exploring its prospects for wind, solar, and geothermal energy. They are currently in the exploratory phase of geothermal drilling. Source: Caribbean Loop News
Suriname plans to phase out subsidies for gas, electricity, and fuel
February 15, 2023
The Suriname governments plans to phase out subsidies for gas, electricity, and fuel to reduce expenditures and follow IMF’s guidelines. Source: Caribbean National News