Solar Energy

Akuo Energy and GAM Capital To Develop 53-MW Matrisol Solar Project in the Dominican Republic

February 11, 2022

The Dominican Republic National Energy Commission (CNE) signed an agreement granting French power producer Akuo Energy and investment fund manager GAM Capital permission to develop the 53-MW Matrisol solar project. Financing will come from Banco Popular Dominicano. Matrisol also has a long-lasting power acquisition agreement (PPA) with Cerveceria Nacional Dominicana, which will help with funding […]

YPF Luz Issued USD 63.9 million in Green Bonds to Finance Solar Project

February 10, 2022

The Argentinian power manufacturer YPF Luz issued $63.9 million in green bonds to finance its first solar project, a 100-MW solar farm in the San Juan province of Argentina. Source: List.Solar RenewablesNow

Celeo Redes Brasil and Quinta Solar Energia to Develop 1.1 GW Solar PV Plant in Brazil

February 10, 2022

Power company, Celeo Redes Brasil and Solar Firm, Quinta Solar Energia will develop a 1.1 GW Solar PV plant in Piaui, Brazil. The development of the plant will cost around $832 million and includes 22 solar farms, each with a capacity of 50 MW. Source: List.Solar RenewablesNow

Shell and Gerdau Sign 50-50 Joint Venture to Develop Solar Farm in Minas Gerais

February 10, 2022

Shell, the oil and gas behemoth, and Gerdau, the Brazilian steelmaker, agreed to team up on a 50-50 joint venture to develop a solar farm in Minas Gerais, Brazil. The solar farm will have an installed capacity of about 260 MW. 50% of the power will supply Gerdau’s steelmaking units in Brazil, while Shell plans […]

The State of Ceará and Cactus Energia Verde Sign Agreement for USD 5.71 Billon Green Hydrogen Plant

February 10, 2022

The State of Ceará in Brazil signed a memorandum with Cactus Energia Verde, a Brazilian energy company, to develop a $5.71 billion green hydrogen plant in the port of Pecém. The project will use 3.6 GW of clean energy for production from the Uruquê PV solar park (2.4 GW) and the offshore wind farm, Umari […]

The Puerto Rican Energy Bureau Approves 18 Photovoltaic Energy Projects

February 9, 2022

The Puerto Rican Energy Bureau approved the development of 18 photovoltaic energy storage and distribution projects on the island, with a total capacity of around 844.8 megawatts. Source: ES Noticia (ES) 

IDB Invest Allocates USD 24 Million to Soleco for Solar Photovoltaic Development

January 25, 2022

IDB Invest committed USD 24 million to Soleco Energy (Jamaica) Limited to develop solar photovoltaic plants in Jamaica. The financing will come from a Senior A Loan and other blended finance sources, like the Clean Technology Fund. Source: Soleco Energy

BMR Secures USD 88 Million Loan to Refinance Solar and Wind Project Debt

January 24, 2022

BMR Energy uses USD 88 million loan from CIBC FirstCaribbean International Bank and National Commercial Bank Jamaica Limited (NCB) to refinance the debt from its wind and solar photovoltaic independent power producers (IPP) in Jamaica, Grand Cayman, and Guatemala. Source: Jamaica Observer

InterEnergy Group Refinances its USD 42 Million PMGD Portfolio in Chile

January 24, 2022

InterEnergy Group is refinancing its combined wind and solar PMGD portfolio in Chile, worth USD 48.2 million through the private placement of bonds. Source: InterEnergy