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Solar

  • Sonnedix Solar

    Solar producer secures $15-million financing for PV plants in Puerto Rico

    January 15, 2020

    Solar power producer Sonnedix recently closed on US$15 million in financing for solar photovoltaic plants in Puerto Rico. City National Bank, based in Florida, acted as the lender. Sonnedix has been operating in Puerto Rico since 2015 and currently has two operational solar PV plants on the island, with 50MW of solar power capacity in […]

  • $4.5-million solar development coming to Puerto Rico

    December 16, 2019

    New York State leaders announced a program to provide business assistance and workforce development for Puerto Rican solar and construction companies. The $4.5 million initiative – called Puerto Rican Solar Business Accelerator, Workforce and Small Business Development Program – is being done through a partnership between the New York State Energy Research and Development Authority […]

  • Celsia Solar Bolivar PV plant in Colombia

    Invenergy, EPM partner to bring more renewable energy capacity to Colombia

    December 2, 2019

    U.S. energy firm Invenergy announced a joint venture with with Empresas Públicas de Medellín (EPM) to bring more than 400MW of renewable energy capacity to Colombia over the next five years. EPM is looking to expand beyond hydropower, which includes its problem-plagued Hidroituango dam project. This new enterprise has Invenergy developing and operating wind and […]

  • Anguilla launches mobile energy storage pilot project

    November 22, 2019

    Anguilla has rolled out a mobile energy storage pilot with the commissioning of a containerized battery from Gridspan Energy. The 125kW mobile battery system can be quickly deployed to sites and is operational within 15 minutes. This pilot program, the first of its kind in the Caribbean, has emergency response and solar storage capabilities. Source

  • Another solar pipeline in Mexico secures multilateral backing

    November 22, 2019

    Energy company IEnova has secured funding for a large-scale, 376MW solar pipeline in Mexico, with support from the World Bank’s International Finance Corp. and the North American Development Bank. The development banks will contribute US$200 million in green loans for the pipeline, which includes the already-operational Pima Solar 110MW plant. This project represents U.S. subsidiary […]

  • LAC poised for solar capacity surge

    November 18, 2019

    A new report from the International Renewable Energy Agency (IRENA) indicates that Latin America and the Caribbean could grow their installed solar capacity by a factor of 40 in the next 30 years. By 2050, solar PV would be the second-largest power source behind wind, with the potential to employ over 18 million people. An […]

  • $580 million secured for wind & solar plant in Chile

    November 18, 2019

    Mainstream Renewable Power has raised US$580 million to fund phase-one construction on what will eventually be its 1.3 gigawatt “Andes Renovables” wind and solar power plant in Chile—one of the largest in Latin America. Financing was provided by a consortium of six banks and is one of the region’s largest renewable energy debt financing deals […]

  • Jamaica selects bidder for Schools Energy Efficiency and Solar project

    October 3, 2019

    A new energy efficiency and solar energy project – expected to reduce the electricity cost to pulbic schools by up to 70 per cent – is one step closer to coming online. A bidder has been selected for the Schools Energy Efficiency and Solar Energy Public-Private Partnership pilot project, and is now awaiting final approval […]

  • 27 companies will participate in Colombia’s auction for large-scale solar and wind projects

    September 18, 2019

    The Colombian National Mining and Energy Planning Unit has announced they received over 50 bids from 27 companies for their large-scale solar and wind auction planned next month. The large list of bidders has many global companies, including Acciona, Canadian Solarm EDF, Enel, Solarpack, Trina.  A few Colombian power distributors will also participate in the […]

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