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Market News

  • Montserrat seeks funding beyond their current budget allocations in order to reach its 2030 renewable goals

    June 15, 2022

    A report commissioned by Montserrat’s Ministry of Communications, Works, Labour, and Energy (MCWLE) stated that for the island nation to meet its 2030 goal of 100% renewables, it would require funding beyond the current budget allocations. Source: MenaFM

  • Jamaica pursues innovative investments to help accelerate the economy and promote sustainability

    June 15, 2022

    Jamaica is pursuing its Vision 2030 development plan by working towards developing innovative investments to strengthen and accelerate the economy. They are looking for sustainable investment products and partnerships that will help drive positive change in Jamaica. Source: Business Wire

  • Bolivia’s ENDE seeks partner to install two wind farms

    June 15, 2022

    Bolivia’s ENDE seeks to identify partners to install the 21MW Warnes II wind farm and the 24-MW La Ventolera wind farm. Source: Renewables Now

  • SPIC Brasil aquires 70% of Canadian Solar’s projects in Brazil

    June 15, 2022

    SPIC Brasil will acquire a 70% stake in Canadian Solar’s 738 MW of solar projects in Brazil. Source: Mercom Capital

  • EDF Renewables do Brasil will expand its wind farm project in Paraiba by 237.5 MW for a total investment of US$208 million.

    June 15, 2022

    EDF Renewables do Brasil signs a protocol of intent with the Government of the Brazilian state of Paraiba to expand its Serra do Serido wind project with an installation of 237.5 MW. The company will invest US$208 million in the expansion. Source: Financial Eye News

  • The Bahamas successfully places a US$385 million bond into international capital markets

    June 15, 2022

    The Bahamas successfully places a multi-million dollar blue bond in the international capital markets. The government said the US$385 million dual-tranche debt offering was oversubscribed. Source: Caribbean Loop News

  • CABEI and other regional multilaterals commit to US$50 billion to support climate change action across LAC.

    June 15, 2022

    At the Summit of the Americas, CABEI and other regional multilateral organizations like the IDB, CAF, and CDB announced they will invest US$50 billion to support climate change action in the LAC region over the next five years. Source: BCIE

  • USAID and the Canadian Government will supply financial aid to Latin America and the Caribbean

    June 15, 2022

    USAID and the Canadian government announced financial aid to Latin America and the Caribbean. Canada will give US$112 million in financial aid, and USAID will supply US$331 million for humanitarian and long-term development assistance. Source: Caribbean Loop News

  • Sonnell signs MoU with EnerVenue to procure and launch 40 MWh of EnerStation battery systems in Puerto Rico

    June 15, 2022

    EnerVenue signs MoU with Sonnell Power Solutions to procure and launch 40 MWh of EnerVenue’s EnerStation battery systems in 2023. The battery systems will support the industrial sector in Puerto Rico. Source: PV Magazine

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