CAF and the Green Climate Fund (GCF) partner to finance US$150.2 million in small-scale renewable energy, energy efficiency, forestry, and climate-smart agriculture projects, focusing on inclusive gender investments in Chile, Ecuador, Panama and Peru. Source: BN Americas
Neoenergia SA, the Brazilian utility company, bought two lots in the auction for transmission projects in Brazil that will facilitate the distribution of renewable energy across the country. Source: Renewables Now
The Global Energy Alliance for People and Planet (GEAPP) and Renewable Energy for Latin America and Caribbean (RELAC) GEAPP team up to launch an initiative that supports RELAC’s goal of increasing renewable energy proportions in the Caribbean to 70% by 2030. Source: Renews Biz
Enel Green Power Chile is building five small-scale solar farms in Chile with their partner, IM2 Solar, for a total of 32.4 MW. In addition to the five plants underway, four are connected and two are in the permitting stage. Source: Renewables Now
Guyana will promote climate-resilient renewable energy sources as a part of the IDB’s energy matrix diversification. The IDB will provide the island with a non-reimbursable investment financing of up to US$83 million with funds from the Norwegian Agency for Development Cooperation. Source: Caribbean National Weekly