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  • EIB and BNDES team up to finance renewable projects

    December 21, 2023

    The European Investment Bank (EIB) and the Brazilian Development Bank (BNDES) are currently exploring co-financing options for renewable energy projects in Brazil. Source: Renewables Now 

  • Bahamas invites global firms to participate in the bidding process for the Family Island New Energy Generation project

    December 21, 2023

    The Davis administration in the Bahamas is inviting firms to participate in the request for proposal (RFP) bidding process for the Family Island New Energy Generation project. The initiative aims to provide Family Islanders with improved and more affordable electricity through micro-grids, clean fuel, and renewables. Source: The Nassau Guardian 

  • The World Bank invests US$225 million into new project in the Dominican Republic

    December 21, 2023

    The World Bank has approved a new project in the Dominican Republic aimed at enhancing the electricity sector and reducing high distribution losses. With a $225 million investment, the project will support distribution companies in minimizing significant losses through the rehabilitation of the distribution network, technology upgrades, and the reduction of electricity outages. Source: The […]

  • The government of Barbados recruits IFC as the lead transaction adviser for its first utility-scale onshore wind farm project

    December 7, 2023

    The government of Barbados has chosen the International Finance Corporation (IFC) as the lead transaction adviser for its first utility-scale onshore wind farm project. The wind farm, named the Lamberts project, is projected to have a capacity of 30-50 MW and will be situated in the northeastern part of the island. The partnership agreement between […]

  • MPC Energy Solutions and Akuo Energy to jointly develop a 26.7 MW solar plant in Colombia

    December 7, 2023

    MPC Energy Solutions and Akuo Energy have successfully commissioned a jointly developed 26.7 MW solar plant in Colombia that is expected to generate over 48 GWh of electricity annually for the local grid. Source: Renewables Now 

  • Leclanche secures a 25-year PPA in Saint Kitts and Nevis to develop the largest solar-plus-storage complex in the Caribbean

    December 7, 2023

    Leclanche has secured a 25-year power purchase agreement (PPA) for a 35.7 MW solar park with an integrated battery in Saint Kitts and Nevis. Located in the capital, the project is set to become the largest solar-plus-storage complex in the Caribbean. Source: Renewables Now 

  • BNDES approves US$447.8 million loan to support the construction of a solar complex by Atlas Renewable Energy

    December 7, 2023

    The Brazilian Development Bank (BNDES) has approved a loan of US$447.8 million to support the construction of a 768 MW solar complex developed by Atlas Renewable Energy. The project is a part of Brazil’s new growth acceleration program (PAC) and will generate 2 TWh per year, powering over 3 million people and offsetting 2.4 million […]

  • The government of Brazil’s Ceara state signs MoU with Grupo Jepri for the development of green hydrogen

    December 7, 2023

    The government of Brazil’s Ceara state signed a memorandum of understanding (MoU) with Grupo Jepri for the development of a green hydrogen project. The group intends to invest US$ 3.6 billion in the project, which will be situated in Ceara’s Pecem Industrial and Port Complex (CIPP).  Source: Renewables Now 

  • BNDES approves US$46.3 million in loans to support the development of two biomethane plants in in Sao Paulo

    December 7, 2023

    The Brazilian Development Bank (BNDES) has approved approximately US$ 46.3 million in loans to Essencis Biometano SA and Cocal Energia PPT Participacoes Ltda. to support the construction of two biomethane plants in the state of Sao Paulo. Source: Renewables Now 

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