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Market News

  • St. Kitts and Nevis announce new plans for geothermal project

    November 3, 2022

    The St. Kitts and Nevis government has announced new plans for a geothermal project that will help push forward the island’s energy security agenda. The geothermal project will add to their renewable energy mix. Source: Caribbean National Weekly

  • Enel SpA begins a 399 MW expansion on the 1 GW Lagoa dos Ventos wind complex

    November 3, 2022

    Enel SpA started construction on a 399 MW expansion of the 1 GW Lagoa dos Ventos wind complex in Brazil. Source: Renewables Now

  • BNDES approves loan for US$130.2 million to support the development of 288 MW of wind parks

    November 2, 2022

    The Brazilian Development Bank (BNDES) will loan local developer, Casa dos Ventos, US$130.2 million to support the construction of 288 MW of wind parks. Source: Renewables Now

  • Latin America is going to have 34 GW of offshore wind capacity by 2050, propelled by off-grid green hydrogen projects

    November 2, 2022

    According to Wood Mackenzie, Latin America is going to have 34 GW of offshore wind capacity by 2050, with development propelled by off-grid green hydrogen projects. The region expects to start operation at the first offshore wind farm in 2032. Source: Renewables Now

  • Sempra Infrastructure will supply power from a 300 MW wind farm in Mexico to the city of Santa Clara

    November 2, 2022

    Sempra Infrastructure signed a PPA with Silicon Valley Power (SVP) to supply power to the city of Santa Clara from a 300 MW wind farm in Mexico. Source: Renewables Now

  • BNDES extends an US$8.4 million loan to CRI GEO Biogas for the development of a 2.15 MW biogas plant

    October 19, 2022

    The Brazilian Development Bank (BNDES) approved a loan extension of US$8.4 million to CRI GEO Biogas for the implementation of a 2.15 MW biogas plant in San Paulo. Source: Renewables Now

  • Voltalia announces the completion of its 320 MW solar plant in Brazil.

    October 19, 2022

    Voltalia’s 320MW solar plant in Brazil is now fully operational. Source: Renewables Now

  • Brookfield Renewable and Stonefield will invest US$1 billion into the InterEnergy Group

    October 19, 2022

    Brookfield Renewable and Stonepeak partner to invest up to US$1 billion into the InterEnergy Group over the next four years. InterEnergy Group has operations in the Dominican Republic, Panama, Jamaica, Chile and Uruguay. Source: Renewables Now

  • IMF loans US$710 million to Costa Rica through the Resilience and Sustainability Trust

    October 19, 2022

    Costa Rica will borrow US$710 million from the IMF through the Resilience and Sustainability Trust, a new program to help countries counter the economic risks of climate change. Source: Latin Finance

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