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Solar

  • Antigua and Barbuda turn to British PV company to supply solar solutions

    August 7, 2016

    The government of Antigua and Barbuda will return to work with UK-based firm PV Energy Ltd for further implementation of utility-scale and rooftop solar arrays across the country. In a previous contract, the company completed an installation of a 3 MW ground-mounted facility at the V.C. Bird International Airport and has begun construction of a […]

  • Green climate fund approves loan for 143 MW solar project in Chile

    July 22, 2016

    The South Korea-based Green Climate Fund approved a loan for a large-scale PV project in Northern Chile. The site will have an initial capacity of 143 MW, though future expansion could put total capacity at 250MW. Project implementation will be done by Sonnedix, a US-based company. While Chile’s government has taken measures to attract renewable […]

  • Macquarie fund to buy 22.5-MW solar project in Mexico

    July 19, 2016

    Macquarie Mexican Infrastructure Fund (MMIF) will supply solar power to government and the private sector in Mexico. As the first managed fund in Latin America, it will buy a 22.5 MW solar project in Coahuila for about MXN 758 million (USD 41m). This represents MMIF’s second investment in renewable energy, as it already has a […]

  • Nicaragua: clinic will use solar thermal energy for air conditioning and water heating

    July 14, 2016

    A new solar plant at a clinic in Managua, Nicaragua, will save approximately 1,100 tonnes of CO2 per year. Solid, a Graz-based company specializing in solar thermal systems, will fund the € 4  project using a “soft loan”. Sited for the Hospital Militar Dr. Alejandro Dávila Bolaños, the plant will cover the entire hot water […]

  • USAID offers solar project financing training

    July 13, 2016

    USAID and the Caribbean Clean Energy Program held a workshop to introduce local organizations to financing for solar energy projects. The event facilitated networking opportunities for stakeholders from thirteen organizations in the financial, educational, and energy sectors, introducing participants to the basics of designing and developing successful solar energy projects. First in a series aimed […]

  • Installation of PV modules begins on El Salvador’s largest solar project

    June 30, 2016

    The Providencia project in El Salvador is approaching completion with the placement of the first solar module onto the 101 MW plant. French developer Neoen divided the project into two blocks: a 76 MW PV plant, awarded in an 2014 auction, and a block of 25 MW which will provide electricity to distributors. The latter […]

  • IIC helps finance 54-MW solar project in Chile

    June 27, 2016

    More financing will help Chile continue its ascent as a Latin American leader in renewable energy. An A-loan of USD 19.7 million (EUR 17.9m) has been issued by the Inter-American Investment Corporation (IIC), and guaranteed by the Inter-American Development Bank, for the 54 MW Los Loros solar PV project in the Atacama Desert. The IIC […]

  • German, Mexican state banks sign MOU to promote renewable energy

    June 25, 2016

    Commitments by development and export banks for financing renewable energy projects in Latin America is growing and Mexico’s National Bank of Foreign Commerce (Bancomext) is next in line. A memorandum of understanding (MOU) for the promotion of renewable energy has been signed between the German Development Bank (KfW) and the Germany International Cooperation Agency (GIZ); […]

  • Antigua’s airport solar power plant exceeds expected performance

    June 21, 2016

      Antigua’s first major infrastructure project to utilize renewable technology has exceeded expectations and generated revenue of more than USD 1 million. The ground-mounted solar power plant at the V.C. Bird International Airport is a 3 MW Sun2live system that was installed and is operated and maintained by the UK-based clean energy provider PV Energy Limited. […]

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