Latin America & Caribbean - Page 14 of 93

World Bank approves US$150 million to expand geothermal energy in El Salvador
April 10, 2025
The World Bank has approved a US$150 million investment to boost geothermal energy in El Salvador, funding the drilling of wells and the construction of a 25-MW geothermal power plant in Chinameca. Implemented by state-owned LAGEO, the project also includes social and environmental initiatives to support local communities, create green jobs, and promote the direct […]
Ecopetrol commits US$1.2 billion to cleaner fuels and refinery modernization
March 27, 2025
Ecopetrol announced a US$1.2 billion investment to produce cleaner fuels. This initiative aims to modernize its refineries and reduce the environmental impact of its operations. Source: BNAmericas
BNDES loans US$120.5 million for 121.5 MW in wind projects
March 27, 2025
BNDES approved a loan for US$120.5 million to support the development of 121.5 MW of Casa dos Ventos wind projects Source: Renewables Now
IDB and Chile sign US$180 million in agreements to boost sustainable growth and regional development
March 27, 2025
The IDB and Chile have signed US$180 million in agreements to promote sustainable economic growth, enhance regional government capabilities, diversify exports, and improve essential services on Rapa Nui. The agreements include funding for climate resilience, urban infrastructure, digital talent development, and energy and water service upgrades on Easter Island. Source: IADB
Chile allocates US$25.6 million to support three green hydrogen electrolyzer factories
March 27, 2025
CORFO has awarded US$25.6 million to support the development of three electrolyzer manufacturing facilities for the green hydrogen industry. The projects are led by consortiums from Chile, Spain, and China and are expected to generate over US$50 million in total investment and create more than 1,000 direct and indirect jobs. Source: PV Magazine LATAM
Nicaragua and China begin construction of US$80 million El Hato solar plant
March 27, 2025
Construction has officially begun on the 67.35 MW El Hato photovoltaic plant in Ciudad Darío, Matagalpa, Nicaragua. The project is a collaboration between Nicaragua’s Ministry of Energy and Mines and the Chinese state-owned company China Communications Country Limited (CCCC), involving an estimated investment of US$80 million. Source: PV Magazine LATAM
Guyana launches tender for solar and battery storage systems on public buildings across four regions
March 27, 2025
The Guyana Energy Agency has launched a tender for the supply, installation, and commissioning of rooftop solar systems with battery energy storage for public buildings across four regions. Covering 18 sites, including schools, health centers, and municipal offices, the systems will range from 3.3 kW to 5 kW with battery capacities between 19.2 kWh and […]
Spanish University brings solar power and connectivity to remote communities in the Ecuadorian Amazon
March 27, 2025
A research team from Spain’s University of Castilla-La Mancha (UCLM) has helped install solar panels and communication networks in eight remote communities in the Ecuadorian Amazon, benefiting nearly 500 people. The project, funded by IEEE Sight-HTB, involved several universities and institutions and has improved access to education, healthcare, and sustainable energy. At the Wasakentsa health […]
EGE Haina secures US$100 million green loan
March 27, 2025
Bladex and Scotiabank have granted a US$100 million green loan to Dominican energy company EGE Haina to support renewable energy projects. Source: PV Magazine LATAM