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Renewables

  • CTO advocates for climate-resilient tourism at COP29, urges action for SIDS

    November 21, 2024

    The Caribbean Tourism Organization (CTO) is using its platform at COP29 in Baku, Azerbaijan, to spotlight the severe climate challenges faced by small island developing states (SIDS), with a focus on the vulnerability of the Caribbean’s tourism sector. As tourism is central to the region’s economy, the CTO aims to highlight the impacts of climate […]

  • Paraguay positioned to become South America’s Silicon Valley with clean energy advantage

    November 21, 2024

    Paraguay, often overshadowed by its larger neighbors Argentina and Brazil, is poised to become a key player in South America’s tech sector. As the world’s largest net exporter of clean energy, with 99.9% of its electricity generated from zero-emission sources, the country is uniquely positioned to support the growing energy demands of artificial intelligence (AI) […]

  • Caribbean Export and CCREEE renew partnership to drive renewable energy and energy efficiency in the Caribbean at COP29

    November 21, 2024

    At COP29 on Energy Day, the Caribbean Export Development Agency and the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) renewed their Memorandum of Understanding to promote renewable energy and energy efficiency across the Caribbean. The partnership focuses on supporting Caribbean businesses through technical assistance, capacity building, and the joint development of projects to […]

  • SEFE, Eletrobras, and EnerTech collaborate on green hydrogen project for Europe

    November 21, 2024

    German company SEFE is partnering with Brazilian energy giant Eletrobras and Kuwaiti developer EnerTech to produce 200,000 tons of green hydrogen annually starting in 2030, aiming to support Europe’s climate goals. The project will involve building an electrolysis plant in Brazil, powered by renewables, to convert hydrogen into ammonia for transport to Germany. Once imported, […]

  • Neoenergia to invest US$52.2 million in renewable energy project for Fernando de Noronha

    November 21, 2024

    Neoenergia SA, a Brazilian utility company, announced an investment of US$52.2 million to expand renewable energy use in Pernambuco’s Fernando de Noronha archipelago through its Noronha Verde initiative. The project will include a solar photovoltaic (PV) plant with battery storage, set to begin operations in early 2027. Source: Renewables Now

  • Genneia launches 162 MW La Elbita wind farm in Buenos Aires

    November 21, 2024

    Genneia, an Argentine power producer, announced the start of commercial operations for its 162 MW La Elbita wind farm in Buenos Aires, marking its eighth wind farm. The project, costing over US$240 million, was financed through loans from Dutch development bank FMO, Development Finance Institute Canada (FinDev Canada), and green bonds. Source: Renewables Now

  • Enel to invest US$40 billion in grid and renewable energy over next three years

    November 21, 2024

    Enel SpA, Italy’s utility giant, plans to invest US$40.05 billion in its grid and renewables energy businesses between 2025 and 2027, focusing on core activities and regulated assets with predictable returns. About 75% of the total investment will be directed toward Enel’s European operations, while the remaining 25% will go to its Latin and North […]

  • RP Global to launch 3 GW green ammonia project in Argentina

    November 21, 2024

    Austrian renewables developer RP Global plans to install 3 GW of electrolysis capacity as part of the first stage of its “Gaucho Wind to Hydrogen and Green Ammonia” project in Argentina. The electrolysers, powered by a 4.2 GW wind farm in Patagonia, will produce up to 1.7 million tons of green ammonia annually, primarily for […]

  • Ecuador moves forward with prequalification for Chachimbiro geothermal project consultancy

    November 21, 2024

    Ecuador has advanced to the prequalification stage for consultancy services to develop a geothermal power plant at the Chachimbiro site, with applications open until January 4, 2025. The Electric Corporation of Ecuador (CELEC) seeks a consultant to oversee engineering, drilling services, and the commissioning of a 5 MW wellhead plant, paving the way for a […]

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