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Market News

  • 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 

  • Colombia’s first wind farm will be co-owned by the local Wayuu indigenous community

    July 19, 2023

    Under a new ownership scheme, Colombia’s first wind farm, with a capacity of 19.5 MW, will be partly owned by the local Wayuu indigenous community. Source: Renewables Now 

  • CIF approves a US$70 million plan to support grid flexibility for clean energy integration in Brazil

    July 6, 2023

    Climate Investment Funds (CIF) approved a US$70 million plan to improve the flexibility of Brazil’s electricity grid, which will make it easier to integrate more renewable energy into the system. The plan will also help to reduce emissions from the electricity sector. Source: Renewables Now 

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