Barbados is the first nation in the Caribbean that will receive money from the US$45 billion IMF Resilience Trust. They will receive US$183 million for climate-focused spending. Source: ProPublica
Guyana, alongside the IDB, signed a financing agreement for around US$83.3 million with the Norwegian Agency for Development Cooperation to invest in eight photovoltaic projects totaling 33 MW with 34 MWh energy storage systems. Source: PV Magazine LATAM
French company Neoen began commercial operation of two batteries within the Capella and Providencia solar plants in El Salvador, with a total storage capacity of 11 MW/8 MWh. Source: PV Magazine LATAM
The Energy Bureau of Puerto Rico launched a proposal process to acquire at least 1,000 MW of renewable energy capacity and 500 MW of energy storage. Source: PV Magazine
Engie Energia Chile will buy the 101 MW San Pedro wind farm located on the southern island of Chiloé in Chile for US$77 million. The deal includes an authorized expansion of up to 151 MW. Source: Wind Power Monthly
The IFC and IDB Invest are partnering with HDF Energy and Rubis to develop the first green hydrogen power plant in Barbados. The project includes a 50 MW solar generation facility with green hydrogen and lithium battery storage. Source: Pressroom IFC
Neonenergia signed an MoU with Brazilian logistics player, Prumo, to develop a study regarding the production of green hydrogen and offshore wind generation in the Act Port area in the state of Rio de Janeiro. Source: Renewables Now
The state of Minas Gerais in Brazil and Invest Minas authorized an agreement between CGN Brasil Energia e Participacoes and mining company, Sul Americana de Metais for the development of an 800 MW solar park in the region. The project requires around US$554 million in investment. Source: Renewables Now
Toyota’s financing division in Mexico received a green loan for US$225 million from a local branch of the Spanish bank, BBVA, to fund loans for hybrid vehicles. Source: Latin Finance
