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  • Amazon is developing its first renewable energy project in South America, a 122 MW solar farm in Brazil

    October 5, 2022

    Amazon is expanding its renewable energy portfolio with 71 new renewable projects worldwide with 2.7 GW of capacity. This includes their first clean energy project in South America, a 122 MW solar farm in Brazil. Source: Power-Technology

  • AES Brasil signs pre-contract with the Pecem Compex to assess the viability of manufacturing and selling green hydrogen and green ammonia

    October 5, 2022

    AES Brasil signed a pre-contract with the Pecem Complex to look into the feasibility of manufacturing and selling up to 2 GW of green hydrogen and 800,000 tons of green ammonia annually. Source: Renewables Now

  • Banco do Brasil will provide US$80 million in debt financing to Lightsource bp for its Milagres Solar project

    October 5, 2022

    Lightsource bp will receive US$80 million in debt financing from Banco do Brasil through the Northeast Development Fund to fund its Milagres Solar Project. Source: PV Magazine LATAM

  • Makro Atacadita commits to reduce food waste in order to receive loan from Santander for around US$22 million

    October 5, 2022

    Santander will loan Makro Atacadista around US$22 million after the supermarket committed to reducing food waste. Makro Atacadista can use the funds for any purpose, but interest rates will decrease if the supermarket chain meets the goals of donating food and reducing food waste. Source: Capital Reset

  • Wärtsilä will supply two 10MW/10MWh energy storage systems to Caribbean Utilities Company Ltd

    October 5, 2022

    Tech group, Wärtsilä will supply two 10MW/10MWh energy storage systems to the Caribbean Utilities Company Ltd (CUC) in the Cayman Islands. The project is CUC’s first energy storage system. Source: Renewables Now

  • In landmark deal, Barbados restructures debt through a debt-for-nature swap which aims to protect 30% of the island’s coastal waters

    September 21, 2022

    In what Prime Minister Mia Mottley has described as a game-changing transaction, Barbados has announced a $150m debt-for-nature swap. Managed by Credit Suisse and CIBC FirstCaribbean, the deal will free up about US$50 million in the next 15 years by buying back a portion of its US$531 million bond due in 2029. They are replacing […]

  • Minera Centinela in Chile is testing a stationary prototype of a hydrogen power train

    September 21, 2022

    Minera Centinela in Chile is in the process of testing a stationary prototype of a hydrogen power train. They plan to develop and validate the technology needed to replace the use of diesel in mining trucks. Source: BNAmericas

  • Nine green hydrogen projects compete for government funding of US$10 million in Uruguay

    September 21, 2022

    The Uruguayan government will distribute up to US$10 million to more than one green hydrogen project with the aim of promoting green hydrogen development in the country. So far nine projects remain in the running. Source: BloombergLinea

  • YPF Luz signs deal with EPSE to develop 500 MW of solar PV projects in the country

    September 21, 2022

    Argentine state-owned energy company, YPF Luz, signed a deal with EPSE to develop 500 MW of solar PV projects in the country. Source: Renewables Now

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