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Market News

  • Costa Rica adds battery storage to its power roadmap

    July 19, 2023

    Costa Rica’s state power company ICE has included battery storage in its power roadmap for the first time. The company said that it sees battery storage as a key technology for integrating more renewable energy into the grid. Source: BNAmericas

  • Seven groups show interest in Nicaragua’s 15 MW solar PV plant tender

    July 19, 2023

    Seven groups are interested in bidding for a 15 MW solar photovoltaic plant tendered by Nicaraguan state water utility Enacal. The reference budget for the 18-month project is US$18.4 million and the bidding deadline is August 2. Source: BNAmericas

  • The Bahamas launches EOI to participate in the Bahamas Resilient Infrastructure Fund and the Renewable Energy Fund

    July 19, 2023

    With the support of the IDB, the Government of the Bahamas is inviting qualified firms and persons to express their interest in participating in the Bahamas Resilient Infrastructure Fund (BRIF) and the Renewable Energy Fund (REF). Source: Dev Business

  • Hy2gen to build 200 MW green ammonia plant in Mexico

    July 19, 2023

    Hy2gen, a German green hydrogen project developer, plans to build a 200 MW green ammonia plant in Mexico. Source: Renewables Now 

  • Enel Chile starts operation at 398 MW solar plant

    July 19, 2023

    Enel Chile has started commercial operations at its 398 MW Guanchoi solar photovoltaic plant in the Atacama Desert, Chile. Source: Renewables Now 

  • Corfo receives US$850 million in proposals to manufacture electrolyzers

    July 19, 2023

    Corfo, the Chilean state development agency, has received proposals from nine companies interested in manufacturing electrolyzers in Chile for the production of green hydrogen. The proposals total US$850 million and come from three Chilean companies and six foreign companies. Source: Diario Financiero

  • The EU plans to invest billions to boost energy transition in LAC

    July 19, 2023

    The European Union (EU) has announced investments of US$11.3 billion to boost the energy transition in Latin America and the Caribbean (LAC). Source: PV Magazine LATAM

  • EIB signs US$899.3 million in loans to finance climate action projects

    July 19, 2023

    The European Investment Bank (EIB) is expected to sign US$899.3 million in loans to finance climate action projects in Argentina, Brazil and Chile. The loans will be used to support a range of projects, including renewable energy, energy efficiency, and green hydrogen Source: Renewables Now 

  • Panama approves a national green hydrogen strategy

    July 19, 2023

    Panama’s government has approved a national green hydrogen and derivatives strategy, with the aim of making the country a regional hub for the production and export of the fuel. Source: Renewables Now 

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