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Market News

  • Total Eren and Wood launch renewable energy facility to produce hydrogen and ammonia

    May 5, 2022

    Developer Total Eren, in collaboration with Wood, is launching a large renewable energy facility to produce hydrogen and ammonia. The project will comprise 10 GW of wind turbines and 8 GW of electrolyzers. Source: Diario Renovables

  • Wigton Windfarm Limited and EIC partner to supply solar energy to Jamaica’s airport

    April 18, 2022

    Wigton Windfarm Limited and EIC have announced a partnership to supply solar energy to Jamaica’s airport, under a joint venture agreement. Source: Jamaica Gleaner

  • Colombia launches taxonomy to support green finance growth

    April 18, 2022

    Colombia has launched a green taxonomy aimed to support the growth of its green financing market. Designed to create transparency and clarity around what constitutes green and sustainable investments, the taxonomy comprises an integral component of Colombia’s bid to be carbon neutral by 2050. Source: Argus Media

  • Enel secures USD 650 million loan facility from EIB-Global for green investments in Latin America

    April 18, 2022

    Enel has secured US$650 million from the European Investment Bank’s development branch EIB-Global for green investments in Latin America. Enel Green Power Peru will receive US$130 million of the loan facility to implement wind and solar projects. The remainder of the funds will support the Enel Group’s sustainable investments in Brazil and Colombia. Source: Renews […]

  • HDF Energy acquires a 70 percent majority stake in the NewGen clean hydrogen project in Trinidad

    April 14, 2022

    Hydrogène de France (HDF Energy) announced that it has acquired a 70% majority stake in the US$200m NewGen green hydrogen production project in Trinidad, led by local company Kenesjay Green Ltd (KGL). KGL, the project developer, will retain the remaining 30% of the share capital of NewGen, which will be jointly owned by KGL and […]

  • AES Andes to supply solar and wind to power Microsoft datacenter in Chile

    April 14, 2022

    Chilean electricity distributor AES Andes has entered into a renewable energy purchase agreement (REPA) with global technology giant Microsoft to supply solar and wind energy to power the Microsoft datacenter in Chile. Source: Taiyang News

  • Mainstream Renewable Power to supply 180 gigawatt-hours from Andromeda solar farm to Air-e

    April 14, 2022

    Mainstream Renewable Power signs a deal to supply 180 gigawatt-hours of electricity a year from the 100MW Andromeda solar farm to Air-e, a Colombian energy distribution company. Source: Renews Biz

  • IFC plans to maintain its environment-focused investments in Brazil, regardless of election outcome

    April 14, 2022

    The International Finance Corporation (IFC), the World Bank’s private-sector arm, plans to maintain the pace of its environment-focused investments in Brazil regardless of the outcome of the country’s October presidential election. Source: Reuters

  • Secondary schools in Jamaica set to reduce electricity costs by 40-70 percent through new pilot project

    April 14, 2022

    Thirty secondary schools in Jamaica will reduce electricity costs by 40-70 percent by increasing energy efficiency and the use of renewable energy sources through the “Schools Energy Efficiency and Solar Pilot Project” implemented by the Ministry of Education and Youth, the National Education Trust (NET) and Canada-based renewable energy company, Roswall Development Inc. Source: JIS

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