Solar

Dominican Republic inaugurates 120 megawatt solar energy park

President Luis Abinader inaugurated the largest renewable energy park in the Antilles and another act, the Duarte highway kilometer 58, both works in the province of San Cristóbal. The president’s plan began in Yaguate with the inauguration of the Girasol Solar Park of the electric generation company EGE Haina, built for 100 million US dollars. […]

Brazil’s Elera to invest US$790M in renewables

 Elera Renováveis plans to invest almost 4bn reais (US$790mn) in Brazilian hydro, solar and wind power projects in 2021-22, a company spokesperson announced.   Source

Chile inaugurates Latin America’s first thermosolar plant

Chile on Tuesday inaugurated Latin America’s first-ever thermosolar energy plant, a vast complex dubbed Cerro Dominador in the Atacama desert that gives a boost to the country’s quest for carbon-neutrality by 2050. Source

CAC, Tropical Battery form new energy venture

CAC 2000 and Tropical Battery have forged an energy partnership under a joint venture called ENRVATE Limited that will trade in energy-saving solutions in Jamaica and the Caribbean. The company, which was incorporated at the end of April and became operational on June 1, is being led by Steven Marston, who recently gave up his […]

MPC Caribbean Clean Energy buys 33.4MW solar park in Dominican Republic

The purchase, which was made on Tuesday, June 1, is expected to be completed by the third quarter of 2021. This is the second solar plant that MPC Caribbean Clean Energy has purchased since the start of the year. Earlier this year, the renewable energy company, which is cross-listed on the Jamaican and Trinidad and […]

Private company takes over Puerto Rico power utility service

Luma Energy, a private company, has taken over Puerto Rico’s power authority. The takeover under a 15-year contract coincided with the beginning of the Atlantic hurricane season, with many across Puerto Rico worried about the transition and whether the new company can handle a severe storm. The U.S. territory is still struggling to recover from […]

CIFI and Banverde close $57M credit for a rooftop solar facility in Mexico; increases capital raise to $76M

The investment round was led by Corporacion Financiera para el Financiamiento de Infraestructura (CIFI), with capital contributions from co-sponsors WRB Serra Partners and Banverde Activos, leading to a total deployment capacity of US$76 million in the next 3 years. As a result of the financing, Banverde estimates the installation of 80 MW in rooftop solar […]

BMR Energy starts construction of Costa Rica solar facility

BMR Energy, a developer, owner, and operator of clean energy projects in the Caribbean and Latin America, announced today it has started construction on its newest solar photovoltaic project, the Valle Escondido solar facility located in the municipality of Bagaces, province of Guanacaste, Costa Rica. The Virgin Group company will own and operate the long-planned […]

Solar FlexRack’s mounting technology installed in Bahamas resort island’s solar hybrid microgrid

Solar FlexRack, a division of Northern States Metals and an innovative leader in photovoltaic (PV) mounting and solar tracker solutions, announced that its Fixed Tilt FlexRack Series G3-X racking solution is fully operational for Azimuth Energy’s 1.1 MW solar project on Highbourne Cay in the Bahamas. This robust microgrid, which includes the largest PV array operating in […]