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Market News

  • Grupo Ibereolica Renovables receives approval to build 1,203-MW wind and solar hybrid power project in Chile

    September 14, 2023

    Grupo Ibereolica Renovables finalized the permit process and received approval to build a 1,203 MW wind and solar hybrid power project in Antofagasta, Chile. Source: Renewables Now 

  • Ceara’s Legislative Assembly approves bill on green hydrogen policy

    September 14, 2023

    Ceara’s Legislative Assembly approved a bill that establishes policy on green hydrogen production. The bill now needs green light from Governor Elmano de Freitas. Source: Renewables Now 

  • EIB and Allianz Global Investors commit US$77.5 million towards renewable infrastructure projects in Brazil

    September 14, 2023

    The European Investment Bank and Allianz Global Investors have made a US$77.5 million commitment towards the development of renewable infrastructure projects in Brazil. Source: Renewables Now 

  • Engie Brasil Energia begins construction on 846 MW wind complex

    September 14, 2023

    Engie Brasil Energia started construction on the 846 MW Serra do Assurua wind complex project in the State of Bahia. The complex will require a total of US$1.2 billion to develop. Source: Renewables Now 

  • AES Brasil Energia SA signs a 154 MW wind PPA with Microsoft

    September 14, 2023

    Microsoft contracted 154 MW of wind energy through a PPA with AES Brasil Energia SA for US$205 million. Source: Renewables Now 

  • Petrobras purchases carbon credits from rainforest project

    September 14, 2023

    Brazil’s state-controlled oil company, Petrobras, purchased credits in the voluntary carbon market from a project aimed at preserving rainforest. Source: Bloomberg

  • OECS and Invert sign MoU paving way for carbon reduction and removal projects in the Eastern Caribbean

    September 14, 2023

    The OECS and Invert Inc. signed an MoU which “establishes a framework for the collaborative ownership, development, financing, and implementation of groundbreaking carbon reduction and removal projects throughout the region.” Source: PRNewswire

  • Dominica’s government continues to support the country’s geothermal project

    September 14, 2023

    According to Dominica’s finance Minister, the government will continue to fund the ongoing development of the geothermal project in the country. Source: ThinkGeoEnergy

  • INEEL launches tender to contract geothermal well drilling services in Mexico

    September 14, 2023

    The National Institute of Electricity and Clean Energy (INEEL) launched an International Public Tender, with the help of the IDB, which aims to contract geothermal well drilling services in various geothermal areas in Mexico. Source: Piensa Geotermia

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