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Solar

  • U.S. Commits USD 12 Billion to Puerto Rico’s Energy Sector

    February 2, 2022

    The Biden Administration commits USD 12 billion in federal aid for Puerto Rico’s energy sector to strengthen the outdated electric grid. The US Departments of Energy, Homeland Security, and Housing and Urban Development will sign an agreement to ensure the alignment of federal investments with local policies – with all eyes on the goal of […]

  • 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

  • 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 […]

  • Spain’s Dominion Energy, Bas unveil 50-MW solar project in Dominican Republic

    December 9, 2021

    After a year of building in the Dominican Republic, Spanish renewables developers Dominion Energy SL and its affiliate Bas Projects Corporation SL unveiled their 50-MW solar farm, El Soco. Development is still underway, but Bas Projects Corporation CEO Emilio Martinez told local media that the El Soco plant could be connected to the grid in […]

  • Celsia Solar Bolivar PV plant in Colombia

    Colombia’s Ecopetrol orders 26-MWp solar project for self-supply

    November 18, 2021

    Colombian oil company Ecopetrol SA  is supporting a 26-MWp solar project in the department of Huila, southern Colombia, in an effort to power its own operations and reduce regional emissions. Ecopetrol said that is has awarded a contract for the project development to utility AES Colombia, a subsidiary of Chile-based power company AES Andes SA […]

  • Solar

    MPC Energy buys 15.8-MWp solar plant in Mexico

    November 11, 2021

    MPC Energy Solutions NV announced on Tuesday that it has established a presence in the Mexican renewables market with an arranged acquisition of Los Santos Solar I, a 15.8-MWp operational solar photovoltaic  plant located in the northern state of Chihuahua. Source

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