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  • Chile’s 2022 power auction announced

    January 3, 2022

    The Chilean Energy Commission (CNE) is set to launch a new power auction later this month. The auction will give domestic and international power producers, including renewable energy generators the chance to close 15-year PPAs with qualified distributors. One of the conditions of the auction will ensure that electricity distributors in the country secure up […]

  • Enel Green Power completes construction of apiary as part of a 187MW solar project in Colombia

    January 3, 2022

    Enel Green Power focuses on promoting the coexistence of bees, community, and clean energy with the construction of an apiary as part of their La Loma solar project. La Loma is a 187MW (dc) solar project currently in construction in Colombia. Solar apiaries, like this one consist of hives located within the solar energy projects. […]

  • Vestas secures 430MW service contract in Brazil

    January 3, 2022

    Vestas signed an agreement with Renova Energia for the maintenance of the 430MW Alto Sertao 3 wind complex in the Bahia region of Brazil with 24 wind farms. The agreement hands Vestas the responsibility for the operation and maintenance of 155 Alstom ECO 100, 110 and 122 turbines. They also signed an agreement in Argentina […]

  • The World Bank approves US$300 million loan to support Colombia’s resilience to disasters, climate change and health emergencies

    December 28, 2021

    The World Bank approved the Third Disaster Risk Management Development Policy Loan with a Cat DDO III, a US $300 million loan to aid in strengthening Colombia’s resilience to natural hazards, climate change and health emergencies. The Ministry of Finance and Public Credit and the National Planning Department, Colombia will be responsible for coordinating the […]

  • Chile plans six green hydrogen projects by 2025

    December 28, 2021

    Corfo, a Chilean development agency has approved six hydrogen projects with a cumulative electrolyzer capacity of 396MW for development, financed by US$50 million in public subsidies. These projects are expected to increase the production of green hydrogen to more than 45,000 tons per year and attract new investments of US$1 billion. Their goal is to […]

  • IDB closes year with nearly US$20 billion in new financing for the Caribbean and Latin America

    December 28, 2021

    The Inter-American Development Bank (IDB) and its private-sector arm, IDB Invest predict they will end 2021 with $19.5 billion in new investments for Latin America and the Caribbean. The financing is the second-highest annual total in the history of the organizations. The investments have helped countries start to recover from the pandemic and shift towards […]

  • KBR Awarded Study to Support Green Hydrogen Growth in Trinidad and Tobago

    December 28, 2021

    The Inter-American Development Bank is set to finance a study awarded to KBR with the objectives to establish a green hydrogen market in Trinidad and Tobago. The aim of the study is to identify development opportunities in a low carbon economy with the creation of a plan to get to Net Zero through technological innovation. […]

  • Engie secures financing for 434MW wind complex in Brazil

    December 21, 2021

    Engie’s 434MW Santo Agostinho wind farm complex in the Brazilian region of Rio Grande do Norte gains the support of Brazil’s National Bank for Economic and Social Development (BNDES). They will provide Engie with 64% of the project’s total investment. The development includes 14 wind farms and construction will employ 900 local workers. The finances […]

  • EDF Renewables wins a microgrid tender in Peru combining solar power generation and storage, to supply the biggest remote city in the world

    December 21, 2021

    EDF Renewables have been awarded the tender for a microgrid in Iquitos, Peru and plans to develop and operate around 100 MW of photovoltaic capacities, and more than 100 MW of battery energy storage. The agreement includes a 20 year PPA with the state-owned electricity distribution company, Electro Oriente aiming to provide electricity at a […]

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