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Solar Energy

  • 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  

  • CARICOM Commissions a 400 KW Solar PV and Storage System in Guyana

    January 14, 2022

    CARICOM will produce solar-generated electricity soon after commissioning a 400-kilowatt solar photovoltaic power generation plant and battery power conditioning system on their compound in Liliendaal, Greater Georgetown. The Japanese government funded the USD 7 million project consisting of 1,500 solar panels, servers, batteries, a carport, and space for educational/recreational activities. In the future, CARICOM expects […]

  • Matrix Renewables Closes Financing for 328-MW Solar Distributed Generation Portfolio in Chile

    January 14, 2022

    Matrix Renewables, a Madrid-based renewable energy platform backed by the global alternative asset manager, TPG, closed a non-recourse, long-term financing agreement for 328 MW of solar-distributed generation (DG) projects in Chile. Out of the 48 photovoltaic projects in Chile’s PMGD program (projects with a generation capacity surplus lower than or equal to 9,000 kW), the […]

  • MPC Energy Solutions Begins Development on El Salvador Solar Plants

    January 14, 2022

    MPC Energy Solution reached a financial close for the Santa Rosa & Villa Sol solar (PV) plants in El Salvador. With a combined capacity of 21.07 MW, MPCES expects the plants to begin energy production towards the end of 2022, generating around 43 GWh a year and avoiding nearly 11,000 tons of CO2 emissions per […]

  • RUBiS Energy Jamaica will Acquire 80 Percent of Photosol France

    January 11, 2022

    RUBiS Energy Jamaica will complete a USD 422 million deal and acquire 80% of the solar energy company Photosol France. The agreement will allow RUBiS to compete in the renewable energy market in the region. Source: Power Technology

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