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Market News

  • 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

  • Mexican bottling company, Coca-Cola Femsa, sells US$300 million of social-sustainable bonds in local market

    October 19, 2022

    Coca-Cola Femsa, the Mexican bottling company, has sold US$300 million of social-sustainable bonds in the local market. They will use the money to focus on financing local community development projects. Source: Latin Finance

  • Brazil reaches new milestone by surpassing 20 GW of installed PV capacity

    October 19, 2022

    Brazil has surpassed 20 GW of installed PV capacity in October, one month after reaching 19 GW. Source: Renewables Now

  • The Industrias Cachimayo ammonium nitrate plant is the first green hydrogen plant in Peru with green certification

    October 19, 2022

    Engie Energia Peru certified that 100% of the energy consumption for the operation of the Industrias Cachimayo ammonium nitrate plant comes from renewable sources. It is the first hydrogen production plant in Peru with green certification. Source: Renewables Now

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