Renewables - Page 149 of 194 - New Energy Events

US$500 million approved for AES Gener renewable projects
April 22, 2020
Shareholders of Chilean developer AES Gener approved the proposed raising of US$500 million for the installation of 1.6GW of solar and wind projects in Chile and Colombia. The total US$1.8 billion in funding will come from a combination of the US$500-million capital increase, cash and third-party partnerships. This includes US$335 million from top shareholder AES […]
Coronavirus: The Caribbean is the First Domino to Fall, but There is Hope

From our Editorial Team
April 9, 2020
Guest Editorial by David Gumbs, James Fletcher & Justin Locke COVID-19 is crushing tourism-based, import-dependent economies across the Caribbean. Recovery will be slow—but it can also be revolutionary. Guest contributors David Gumbs, James Fletcher and Justin Locke frame for us a vision for how regional governments, with the help of multilateral institutions and global philanthropy, […]
Energy giant Enel says Covid-19 won’t affect plan for renewables portfolio in Latin America
April 9, 2020
In its latest financial announcement, Italian energy company Enel said the pandemic currently poses “no material disruption” to its renewable project supply chain, and that it expects to meet its 2020 energy targets. The company intends to move forward with plans to add an additional 14.1GW of renewables by 2022, which includes projects in Chile […]
Invenergy, EPM partner to bring more renewable energy capacity to Colombia
December 2, 2019
U.S. energy firm Invenergy announced a joint venture with with Empresas Públicas de Medellín (EPM) to bring more than 400MW of renewable energy capacity to Colombia over the next five years. EPM is looking to expand beyond hydropower, which includes its problem-plagued Hidroituango dam project. This new enterprise has Invenergy developing and operating wind and […]
Experimental solar PV park opens in Cuba
November 22, 2019
Cuba made progress toward its 2030 renewable energy goal with the recent opening of an experimental photovoltaic park in Havana. The park, part of a university Microelectronics Research Center, was the result of a group partnership between Cuba, German and Mexico. Source
US$1 trillion energy investment coming to LAC
November 22, 2019
Latin America and the Caribbean could see a US$1 trillion windfall in energy and infrastructure investments over the next five years, according to a senior U.S. Treasury Department official. It is expected that a portion of that funding may flow through the América Crece program, launched in 2018 to address myriad barriers to infrastructure development […]
$580 million secured for wind & solar plant in Chile
November 18, 2019
Mainstream Renewable Power has raised US$580 million to fund phase-one construction on what will eventually be its 1.3 gigawatt “Andes Renovables” wind and solar power plant in Chile—one of the largest in Latin America. Financing was provided by a consortium of six banks and is one of the region’s largest renewable energy debt financing deals […]
Puerto Rico issues RFQ for new generation facility
November 15, 2019
Puerto Rico is seeking a P3 partner to develop a generation facility in its northern region. The Puerto Rico Public-Private Partnerships Authority (PRPPA) and the Puerto Rico Electric Power Authority (PREPA) issued an RFQ seeking a private partner to develop, finance, construct, and operate the facility. It would be located adjacent to the existing Palo […]
Drilling starts for Ecuador’s first geothermal energy plant
October 8, 2019
Ecuador’s first geothermal energy plant has started its first phase of construction, with drilling started on the Imbabura site a few days ago. The project is financed by the Japanese government through the Japan International Cooperation Agency. The investment for the construction of the geothermal plant was of USD 250 million. The Electric Corporation of […]