Renewables - Page 38 of 145 - New Energy Events

DOE loan guarantee to finance Puerto Rico’s largest solar and battery storage project
August 1, 2024
The U.S. Department of Energy has announced an US$861 million loan guarantee to finance 200 MW of solar and 285 MW of grid storage in Puerto Rico. This initiative will support the construction of two solar farms and two stand-alone battery storage systems on the island’s southern coast. The project is led by Flexible Energy […]
IDB Invest considers equity investment in Caribbean community resilience fund
July 19, 2024
IDB Invest is considering an equity investment of up to US$5 million in the Caribbean Community Resilience Fund (CCRF), managed by Sygnus Capital Ltd. The fund targets US$100 million to US$135 million and aims to enhance economic resilience and support climate projects in the Caribbean. Source: IDB Invest
St. Kitts and Nevis launches ‘SKN-100’ project for rapid energy sector decarbonisation
July 19, 2024
St. Kitts and Nevis (SKN) has launched the ‘SKN-100’ project, funded by the Global Environment Facility (GEF), aimed at achieving 100% renewable electricity and high energy efficiency in public buildings within three years. Managed by the United Nations Environment Programme (UNEP) and executed by the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) in […]
YPF Luz Announces 200 MW PV solar park in Argentina
July 19, 2024
YPF Luz is set to construct the El Quemado 1 photovoltaic solar park in Las Heras, Mendoza province in Argentina. This project will have an initial capacity of 200 MW. The estimated investment for the first stage is US$170 million. Source: PV Magazine LATAM
Chilean Solar Energy Association proposes plan to boost distributed generation and energy cooperatives
July 19, 2024
The Chilean Solar Energy Association (Acesol) has submitted a plan to Chile’s Ministry of Energy aimed at boosting distributed generation and stimulating energy cooperatives. The plan outlines five key areas of focus for 2024-2026 including electrical infrastructure, property layout, education and association, regulation, and equal access. Source: PV Magazine LATAM
Ecuador tenders for consultants for geothermal power plant project at Chachimbiro Site
July 19, 2024
The Ecuadorian Government, through the Electric Corporation of Ecuador (CELEC), has issued an invitation for Expressions of Interest (EOI) and financial proposals for consulting services related to the construction of a geothermal power plant at the Chachimbiro site. Source: ThinkGeoEnergy
Brazil’s Chamber of Deputies approves bill promoting green hydrogen
July 19, 2024
The Chamber of Deputies in Brazil approved a bill promoting investment in low-carbon hydrogen. The approved text includes up to US$3.2 billion in tax incentives and expands eligibility to include hydroelectric plants and agribusiness. Source: BNAmericas
EDF inaugurates 480 MW CEME1 solar farm in Chile’s Atacama Desert
July 19, 2024
EDF inaugurated the 480-MW CEME1 solar farm in Chile’s Atacama Desert, marking Chile’s largest solar project to date. EDF plans to add a 1,200 MWh battery energy storage system to enhance plant efficiency. Source: Renewables Now
Elecnor begins construction of 320 MW Cimarron wind farm in Mexico
July 19, 2024
Spanish infrastructure builder Elecnor SA has begun construction of the 320 MW Cimarron wind farm in Mexico after securing the EPC contract for the project. Source: Renewables Now