Project Finance

Renewables developer Casa dos Ventos has received financing for a pair of wind farms the company operates in Brazil.

Fervo Energy, a geothermal technology company, has begun construction on its Utah-based Cape Station exploration project. The geothermal energy project is set to deliver 400MW of green electricity beginning in 2026 and reaching full scale in 2028.

Renewable natural gas producer OPAL Fuels and South Jersey Industries (SJI), an infrastructure holding company, have entered a 50/50 joint venture (JV) to develop, own, construct, and operate RNG facilities.

Sustainable aviation fuel (SAF) is still years away from bankability, according to speakers at REFF Wall Street 2023.

Supply chain disruptions continue to impact projects across the spectrum of renewable technologies in the US and a domestic solution is not readily available despite efforts put in place like the Inflation Reduction Act (IRA).

The circa $20 billion annual tax equity stranglehold a small number of banks had on the market is over now that the Inflation Reduction Act (IRA) has introduced transferability, according to one financial advisor at REFF Wall Street 2023.

While the Inflation Reduction Act (IRA) has spurred the green energy industry since its inception in August 2022, the legislation has not come without its own difficulties and may even be causing some developers to hit pause, according to speakers at REFF Wall Street 2023.

Sunnova Energy Corporation intends to offer a $400 million green bond to finance or refinance existing and new projects.

Energy Head is planning to develop a solar-plus-storage facility in the region of Valparaíso, Chile.

Carbonvert and Castex Energy subsidiary Castex Energy Solutions have struck an operating agreement with the State of Louisiana to develop a permanent carbon dioxide (CO2) storage facility.

Inverter and energy storage supplier Sungrow has signed a contract with investment fund WEG-4 to supply a liquid cooled energy storage system (ESS) solution.

Spanish renewables developer Ecoener has started commercial operations of two solar projects in the Dominican Republic.

Recurrent Energy, the solar and storage developer and owner, has closed on a $200 million project financing for the 134MW Liberty Solar project.

Sunrun, a provider of residential solar, storage and energy services, has priced a $715 million securitization of leases and power purchase agreements, known as Sunrun’s solar-as-a-service offering.

Finnish investor Korkia is partnering with Chilean developer Ciudad Luz to develop renewable projects in Chile.

A pair of Spanish sponsors are expanding their renewable operations in Chile, adding solar projects to their respective pipelines in Chile.

The exhaustive push to deploy the 468MW Cape Wind project off the coast of Massachusetts came to a halt in early January 2015. Power purchase agreements (PPAs) fell through; banks fell away (PFR, 1/7/15). The $1.95 billion deal, the first offshore wind farm to be fully permitted by the BOEM, died after 14 years.

Casa dos Ventos Holding, Petrobras and TotalEnergies have signed a memorandum of understanding (MoU) that will see the trio collaborate on renewables in Brazil.

The Development Bank of Latin America (CAF) has approved $850 million in loans to Panama and Brazil to support the energy transition in both countries.

FortisBC has begun expanding methane capture infrastructure at the Delta landfill to advance its renewable natural gas offtake agreement with the City of Vancouver. Per the agreement, FortisBC will turn waste from the Delta landfill into RNG and sell it to the city.

Energy management business Schneider Electric has revealed its 160,000-square-foot electrical manufacturing plant in El Paso, Texas, its largest factory in the US. The plant will produce low- to medium-voltage electrical products used to transfer power from the grid to industrial, commercial, and residential customers.

Petrobras is planning to develop 23GW of offshore wind projects along the Brazilian coastline.

Enel North America has brought five battery energy storage systems (BESS) totaling 369MW / 555MWh online in Texas. The utility-scale BESS projects have been connected to the ERCOT power grid and will increase stability during the hot summer months.

UK-based energy producer Sonnedix is planning a wind project in the region of Coquimbo, Chile.

Ocean Winds has signed a memorandum of understanding (MoU) with transportation and energy conglomerate Prumo Logística to collaborate on offshore wind generation in Brazil.

Foss & Company has launched a standalone battery storage investment division, which highlights the company's increasing focus on battery energy storage systems (BESS) projects.

Matrix Renewables and rPlus Energies have launched construction on the 261MW Pleasant Valley Solar project in Ada County, Idaho. Once completed, the project will be the largest solar facility in Idaho Power's system.

Quintero GNL has submitted for review on its Green Hydrogen Bahía Quintero project the company is planning in Chile. The sponsor first submitted the project in 2021 but retracted the plan.

The National Energy Commission (CNE) has granted a permanent concession to AES Dominicana for a renewable project in the Dominican Republic.

Dimension Renewable Energy has inked $237 million in financing led by Silicon Valley Bank (SVB), a division of First Citizens Bank, to develop its 120MWdc community solar portfolio across five states.

Natural gas producer BKV has entered into a contract with ENGIE Energy Marketing NA to sell its natural gas, which has been produced with CO2 sequestration, and its associated carbon sequestered credits. For this partnership, BKV will be creating the first purpose-built permanent commercial CO2 disposal and capture in the US.

Trinity Gas Storage has closed $189 million in equity funding from private equity firm Transition Equity Partners and debt financing led by Investec as the joint lead arranger for its natural gas storage facility in Anderson County, Texas. The other investors include Pan Capital Management, Arbdn, SailingStone Capital Partners, and Rice Investment Group.

Ørsted has completed its $625 million all-cash purchase of Eversource Energy's share in 175,000 acres of an offshore lease area that covers three ongoing offshore wind projects, becoming the sole owner of the land.

A consortium of European financial institutions and multilateral organizations have launched the Global Green Bond Initiative (GGBI) to promote green bond markets in Latin America and the Caribbean and cooperate on technical assistance.

A Chilean sponsor is planning a utility-scale solar-plus-storage project located in the region of Atacama, Chile.

Commercial and Industrial (C&I) solar developer Forefront Power Partners has closed a $65 million solar investment tax credit (ITC) financing from NT Solar for its portfolio of 100 solar projects in California.

IKEA’s financial arm, Ingka Investments, has joined Apex Clean Energy in developing Cameron Storage, the company’s first-ever battery storage project.

MUFG has refinanced its $500 million credit facilities for a natural gas-fired plant portfolio, Invenergy Thermal Operating I, owned by Invenergy and InfraBridge. The portfolio includes four operational plants, totaling 2.29GW, which are located in the US and Canada.

The Port of Santos, Brazil’s largest port and one of the busiest in Latin America, is planning to add a green hydrogen production plant to its facilities.

EDF Renewables has started construction on the company’s third wind farm in the state of Bahia.

Canadian green hydrogen developer EverWind Fuels has won a bid from the Newfoundland government to develop a green hydrogen project on the Burin Peninsula, Newfoundland.

Renewable energy company RWE Clean Energy has commenced construction on its 200MW Montgomery Ranch Wind Farm in Foard County, Texas.

The offshore wind troubles continue as Danish firm Ørsted has delayed its first US offshore wind project, Ocean Wind I, until 2026. Additionally, oil giants Equinor and BP are seeking to increase the power price of all three of the US wind farms in their partnership by over 50%.

The Department of Energy (DOE)'s Loan Programs Office has given a $398.6 million conditional loan to Eos Energy Enterprises, a battery storage manufacturer. The funding will support Eos Energy's Turtle Creek, Pennsylvania, grid-scale BESS manufacturing facility, which is expected to produce over 8GWh of storage capacity per year.

EDF Renewables has started commercial operations of Phase 1 of its Serra do Seridó wind farm in Brazil.

Canadian Solar’s subsidiary, Recurrent Energy, has closed $112 million in project financing for its 160MW Oklahoma solar farm. NordLB and Rabobank were the joint lead arrangers on the financing.

Brazil’s National Electric Energy Agency (ANEEL) is preparing for the first transmission auction to be held in 2024.

The Bureau of Ocean Energy Management (BOEM) closed its first-ever offshore wind energy auction in the Gulf of Mexico with only one lease awarded: RWE Offshore US Gulf won with a bid of $5.6 million for a 1.24GW project.

Rialma Administração e Participações is set to win an additional transmission lot in Brazil’s June auction after the original winner was disqualified.

Acciona Energía, the Spanish energy company, has signed a Memorandum of Understanding (MOU) with the Government of Aruba to develop green hydrogen on the island.

Investment firm HASI has extended its partnership with Summit Ridge Energy, a commercial solar and energy storage company, to finance the developer's pipeline of community solar projects in Illinois and Maryland until 2025.

Foss & Company, an institutional investment fund sponsor, and Aspen Power executed a $60 million tax equity deployment for 27 solar projects across New York, New Jersey, Maine, and Georgia.

The Bureau of Land Management (BOEM) has approved the fourth US commercial-scale, offshore wind project, Revolution Wind project, a 704MW offshore wind farm located southeast of Point Judith, Rhode Island.

Clean energy platform Peregrine Energy Solutions has entered into an agreement with AB CarVal for $700 million in financing for Peregrine Energy's 7GW pipeline of solar, wind, and battery projects.

Enel Green Power has started commercial operations on a utility-scale wind project in Chile.

Peru's ProInversión has granted transmission projects totaling $118 million in investments.

Brazilian development bank BNDES, in collaboration with the Ministry of the Environment and Climate Change, is launching a R$10 billion ($2 billion) Climate Fund.

Framingham, Massachusetts-based Ameresco has secured a $300 million senior secured loan facility from HASI to develop clean energy assets. Additionally, Ameresco and bank club leader Bank of America (BOA) have amended their senior secured credit facility.

ISA CTEEP (Companhia de Transmissão de Energia Elétrica Paulista) is being considered for one of the unawarded lots in Brazil’s June transmission auction.

Avangrid is set to build its first solar project in California, the Camino Solar Project at 57MWdc and 44MWac, which is located in Kern County, adjacent to Avangrid's 189MW Manzana Wind Farm.

Morgan Stanley Investment Management (MSIM), through Morgan Stanley Infrastructure Partners (MSIP), has entered a joint venture with US maritime and logistics company Crowley to repurpose US port facilities with offshore wind developers.

The Department of Energy (DOE) has selected Pasadena, California-based developer CarbonCapture and its partners to receive $12.5 million in funding for a megaton-scale direct air capture (DAC) hub in southwestern Wyoming.

Brazilian development bank BNDES and the China Development Bank have signed a $500 million loan agreement to finance projects across Brazil.

Brazil’s Ministry of Mines and Energy is planning to invest R$75 billion ($15.4 billion) in the renewable sector under the newly launched Novo Pac, the third edition of the Growth Acceleration Program.

Swedish battery manufacturer Northvolt has raised a $1.2 billion convertible note to finance its expansions plans in Europe and North America.

Spanish renewable developer Grenergy is planning to develop a utility-scale solar project located in the region of Maule in Chile.

Rondo Energy has raised $60 million in financing to grow its international operations by developing and building storage projects globally to decarbonize the industrial sector.

Greenbacker Renewable Energy Company (Greenbacker) has closed on a warehouse financing facility in an initial aggregate principal amount of $75 million to support the construction and operation of its renewable power generation and energy storage portfolios.

A climate tech startup from former Google X, Tesla, and Solar City executives has reached the operational stage of a novel seawater-based carbon capture technology.

The Superintendency for the Development of the Northeast (Sudene) has provided financing for several projects, including renewable generation and transmission, in Brazil.

Xcel Energy has filed the paperwork on an upgrade of nearly 100 miles of transmission line in Minnesota and eastern South Dakota,

Australia and New Zealand Banking Group (ANZ) has issued a $280 million green loan facility to SK Battery America which will use the net proceeds to finance capital expenditure for an electric vehicle battery plant in the US.

Leeward Renewable Energy (LRE) has concluded construction and begun commercial operation of its 100MW Oak Trail Solar project sited near Moyock, North Carolina.

EDF Renewables is the latest international renewable energy company to join the green hydrogen developments in the state of Ceará.

Peruvian investment promotion agency ProInversión is tendering five transmission projects in Peru.

Duke Energy subsidiaries Duke Energy Carolinas and Duke Energy Progress have filed an Integrated Resources Plan (IRP) with the Public Service Commission of South Carolina (PSCSC) for future project development.

Santiago-based developer Andes Solar is planning a utility-scale solar asset in the O'Higgins region of Chile.

Renewables platform Origis Energy has closed a $750 million construction warehouse facility to fund 2GW of large scale solar, storage, and solar-plus-storage project construction over the next three years.

Clean energy platform Peregrine Energy Solutions has signed an agreement with environment-focused investment firm Greenprint Capital to sell multi-year production tax credits (PTC) from the Old Gold Energy Center.

IDB Invest will provide financing that will help alleviate stress on energy companies due to deferred payments with the creation of a transitional electricity price stabilization mechanism in Chile.

The US Department of Energy (DOE) has announced the allocation of $1.2 billion to further develop two commercial-scale direct air capture (DAC) facilities.

Greenbacker Capital Management (GCM) has completed, through an affiliated investment vehicle, a $148 million tax equity financing commitment with RBC Community Investments.

Engie Energía Chile has submitted the Loma Verde wind project for environmental review in Chile for a second time.

The future will see carbon capture and sequestration (CCS) become a primary part of the green energy sector, but as of now public capital is needed to successfully navigate the risks associated with nascent technologies.

GE Vernova’s Grid Solutions will install a connection bay at the Santa Luzia substation as part of its contract with Brazilian renewable energy company Casa dos Ventos.

Maxeon Solar Technologies is building its first US solar manufacturing plant in Alburquerque, New Mexico, Mesa Del Sol. The 3GW facility will open in 2025 and will require an investment of $1 billion.

Walmart Chile has started commercial operations on one of the first industrial green hydrogen plants in Latin America.

Vision RNG (VRNG) has started the commercial operation of a Landfill Gas (LFG) to Renewable Natural Gas (RNG) project at Meridian Waste’s Eagle Ridge Landfill in Bowling Green, Missouri.

Guatemala's National Electric Energy Commission (CNEE) has revealed the full list of 16 awardees from the PEG-4 reverse auction, and over 70% (or 191MW) of the auction's 235MW was given to new renewable energy projects.

SUSI Partners, through its SUSI Energy Transition Fund with its joint venture partner SMT Energy, has signed a tax equity financing agreement with Greenprint Capital for a co-owned 100MW battery energy storage portfolio sited in Texas.

The Superintendency for the Development of the Northeast (Sudene), a Brazilian government agency, has provided a BRL$47.7 million to Lightsource bp for its 210MW Milagres solar project in the state of Ceara.

Southern California Gas (SoCalGas) has filed an application with the California Public Utilities Commission (CPUC) for the development of the largest renewable natural gas (RNG) project in California.

The Development Bank of Latin America (CAF) has provided an A/B loan to Argentinean oil and gas company YPF totaling $375 million to transition away from high polluting fuels.

Swift Current Energy has closed $779 million in financing for its 800MW Double Black Diamond solar project in Illinois, projected to be the second largest single phase solar project in the US.

AES Andes has reached commercial operation of Andes Solar IIb, the largest solar battery storage project in Latin America.

Chile’s Ministry of Energy is partnering with the Japan Bank for International Cooperation (JBIC) to promote the development of green hydrogen as it continues to foster the nascent technology’s advancement.

Colombian power company Isagen has announced a partnership with Atlas Renewable Energy to develop solar projects.

Three joint-ventures (JV) for New Jersey's third offshore wind solicitations have been identified.

Public utility Empresa Generadora de Electricidad Haina (EGE Haina) has completed its 90MW Esperanza Solar Park in the Valverde Province, Dominican Republic.

European Energy subsidiary EE North America (EENA) has entered a 15-year partnership with Montauk Renewables to purchase biogenically produced CO2 to power EENA's e-fuels production.

The Saudi Fund for Development (SFD) will loan $77 million to the construction of a 60MW Central American solar plant.

Solar developer Verano Energy is set to build a multi-phase 25GW green hydrogen development in Antofagasta, Chile, with an estimated $2.9 billion cost.

Brazil’s National Electric Energy Agency (Aneel) has disqualified one of the winning bidders in a transmission auction held earlier this year citing the winner's incapability to carry out the projects.

Cox Energy America has been awarded 38.4MW of solar generation in Guatemala's reverse power auction. The renewables developer submitted a bid for 40MW and received 96% of that capacity.

Mexico’s Comisión Federal de Electricidad (CFE) landed a $333.6 million financing for seven hydroelectric plants.

Minnesota Power and Great River Energy's joint transmission project, Northland Reliability Project, has reached another step in the state regulatory process.

Brazil is set to be a beneficiary of EDP’s planned €2.5 billion investment across distributed solar.

The US International Development Finance Corporation (DFC) has signed a commitment letter to finance a solar project in Ecuador.

ICE Thermal Harvesting has closed on a $150 million credit facility with Gardner Capital Specialty Capital.

The Department of Energy has granted $453.5 million to finance solar generation and battery storage in Puerto Rico.

Brazil’s National Electric Energy Agency (Aneel) has approved the draft tender documents for the second transmission auction of 2023.

Texas-based Vistra has completed its 350MW/1.4GW Phase III of the Moss Landing Energy Storage facility, now totaling 750MW/3GWh, in Monterey County, California.

Peregrine Energy Solutions, a Boulder, Colorado-based BESS developer and renewable energy platform, has signed a Memorandum of Understanding (MoU) with Six Nations of the Grand River Development Corporation (SNGRDC) to create utility-scale battery storage projects in the Canadian market.

The Georgia cooperative that owns the Vogtle nuclear facility has reached commercial operations for its Unit 3 – the first newly constructed nuclear unit in the US in over 30 years.

Brazilian development bank BNDES is dedicating an additional R$1.5 billion ($313 million) to support the biofuel sector in Brazil.

Hydro One, Ontario's largest transmission and distribution provider, has filed an application with the Ontario Energy Board (OEB) to build and run its proposed $1.2 billion Waasigan Transmission line, which will provide energy to northwestern Ontario.

German manufacturer RCT Solutions has signed a memorandum of understanding (MoU) with the government of Manitoba, Canada to build a solar PV factory with a 10GW capacity.

Peruvian investment promotion agency ProInversión has awarded the Piura Nueva – Frontera transmission PPP that will interconnect Peru and Ecuador.

The Bureau of Ocean Management (BOEM) has finalized the Wind Energy Areas (WEAs) for its Central Atlantic offshore wind auction. The three areas are located off Delaware, Maryland, and Virginia, and can support approximately 4GW to 8GW of energy production once completed.

Orion Power is adding a solar-plus-storage asset to the company’s development pipeline in Chile.

Utility-scale battery storage platform Broad Reach Power has closed a $435 million credit facility to fund the construction of seven stand-alone energy storage projects in Texas and California.

Chile’s national oil company ENAP has signed an agreement with several energy companies to develop a green hydrogen industrial complex.

Iberdrola-owned Avangrid has completed its offshore substation for the 800MW Vineyard 1 wind project, off the coast of Massachusetts.

The government of Ecuador will attempt to procure the Cardenillo and Santiago hydro projects by early next year.

Synthica, a renewable natural gas company, has started construction of its new RNG facility sited in St Bernard, Ohio.

Solar developer SUNfarming has secured a definitive concession for the development of a 50MW solar project in the Dominican Republic.

Enerdyne Power Systems, a gas-focused subsidiary of The Landfill Group, has commenced operation of a project to collect and upgrade landfill gas into usable renewable natural gas (RNG), the first of its kind to reach full commercial operation in South Carolina.

Clearway Energy Group has closed a $421 million financing for its 147MW/588MWh Rosamond Central BESS project in Kern County, California.

Battery storage specialist Spearmint Energy has begun commissioning activities at its Revolution project, a 300MWh battery energy storage facility.

Summit Ridge Energy has completed its first 2 of 4 energy storage systems (ESS) in New York City.

German renewable developer Uka Group is planning a utility-scale solar asset in Chile.

SunEnergy1 LLC, a North Carolina-based commercial solar developer, has secured $211 million in financing from sole lead arranger First Citizens Bank for a 200MW solar power facility.

Puerto Rico has started the bidding process of the third tranche of its 6-tranche renewable energy procurement process.

The Puerto Rico Electric Power Authority (PREPA), a public energy utility, has received approval from the Loan Programs Office (LPO) to apply for the Title 17, Energy Infrastructure Reinvestment (EIR) loan program for its renewable energy plan.

The Inflation Reduction Act was finally signed into law after more than a year of negotiations last August. West Virginia Senator Joe Manchin (D), the deciding vote, lengthened discussions by insisting on capital being made available for retrofitting coal and oil plants, creating carbon capture projects, and adding emission control technologies.

Invenergy has started commercial operations on its 200MW Calhoun Solar Energy Center in Michigan – the firm’s first project completed in the state.

The Bureau of Ocean Energy Management (BOEM) has taken another step toward reaching the Biden-Harris administration's goal of reaching 15GW of offshore wind by 2035 with a wind farm proposal off the coast of Maine.

The Department of the Interior will hold an auction in August (2023) for the first ever offshore wind energy lease in the Gulf of Mexico. The areas will have the potential to generate 3.7GW of power.

Urban battery storage developer, NineDot Energy, has closed a $25 million revolving credit facility provided by NY Green Bank (NYGB), a division of the New York State Energy Research and Development Authority (NYSERDA).

Miami-based developer Atlas Renewable Energy is planning a utility-scale solar project in Chile.

EDP is planning to invest around R$530 million ($110 million) in distributed solar generation in the center of Brazil.

Innergex Renewable Energy has secured a $534 million construction loan and term financing and $49 million letter of credit facility for its 329.8MW Boswell Springs wind project in Wyoming.

Renewables developer Cox Energy is adding a solar project to the company’s Chilean pipeline.

Heelstone Energy has closed a tax-equity investment from Advantage Capital, a New Orleans-based investment firm, for its four solar projects in Georgia, totaling 320MW.

TPG-backed Matrix Renewables has purchased the 284MWdc Stillhouse Solar Project from OCI Solar Power.

The European Investment Bank (EIB) has signed an agreement to finance the solar sector in Brazil.

Amid anticipation that green hydrogen would play a significant role in energy transition the Chilean government introduced the Fund for the Development of Green Hydrogen and its derivatives, an inter-ministerial operation that garnered the financial support of development banks in Europe and the US.

Jupiter Power, an energy storage infrastructure platform, has secured $70.4 million in a construction and term loan from First Citizens Bank's energy finance group. The loans will fund two standalone battery storage projects, totaling 160MW and 320MWh, in Texas.

Alaska Renewables, a start-up developer, is negotiating with the Alaska Mental Health Trust to develop a 235MW wind farm on trust land.

North Indiana Public Service Company’s (NIPSCO) first two Indiana-based solar projects are now online and in full operation.

French renewable power company Voltalia has commenced operations of its 260MW solar plant located in the Serra Branca, Brazil.

The US Environmental Protection Agency (EPA) has opened two grant competitions for $20 billion in awards as part of the $27 billion Greenhouse Gas Reduction Fund, part of the Inflation Reduction Act (IRA).

Pattern Energy has completed construction and begun operation at its 150MW Lanfine Wind power project in Alberta, Canada.

Xcel Energy has received approval from state regulators to construct a multi-day energy storage system at the site of a retiring coal plant.

EVLO Energy Storage, the battery energy storage systems developer subsidiary of Hydro-Québec, has launched its first utility-scale storage project in the US.

The International Development Bank (IDB) has signed an agreement with the International Renewable Energy Agency (IRENA) to support energy transition in the Latin America and the Caribbean region.

ChatGPT chief executive Sam Altman will begin building nuclear plants and selling long-term power contracts via his clean energy startup Oklo after listing next year.

DTE Energy has entered into a settlement agreement with 21 organizations from Detroit that will see the utility exit its coal-fired plants and invest $10 billion into the clean energy transition in Michigan by 2033.

Renewables developer Genneia is issuing green bonds to refinance a trio of assets in Argentina.

DE Shaw Renewable Investments (DESRI) has reached financial close on its San Juan 1 project, a 200MW solar farm with 100MWac battery storage facility.

Spanish infrastructure firm ACS has signed a concession for the construction of the largest wind project in Ecuador.

The Ontario government is prepping for three additional small modular reactors (SMRs), for a total of four SMRs, with Ontario Power Generation (OPG) at the Darlington nuclear site as it continues its nuclear push.

Dimension Renewables Energy Group closed on a short term $36.5 million credit facility from Silicon Valley Bank, a division of First Citizens bank, to purchase solar equipment for community solar projects across at least four states, PFR has learned.

The Ontario government has begun pre-development work siting the first large-scale nuclear build in more than 30 years.

The Department of Energy has released a Notice of Intent and Request for Information to invest up to $1 billion on the demand-side to support the regional clean hydrogen hubs (H2H).

New Jersey Governor Phil Murphy signed a bill that will expand federal tax credits to Ørsted, the Danish energy giant building the largest offshore wind project in the US along the coast of New Jersey.

Ameresco is set to build four co-located energy storage projects, to be sited at gas power plants owned by Middle River Power (MRP), an independent power company wholly owned by Avenue Capital.

AES Dominicana Renewable Energy is seeking financing from IDB Invest to support the company’s renewable expansion in the Dominican Republic.

The Department of the Interior's Bureau of Land Management (BLM) held a utility-scale solar auction with $105.15 million in bids for four parcels of land in the Amargosa Desert, Nevada.

The Lund Storage Project, owned by BESS Power Corporation, has commenced a Full interconnect Study (FIS) as it gears up to connect to Electric Reliability Council of Texas Inc (ERCOT) and Lower Colorado River Authority (LCRA).

Spanish renewables developer Grenergy has landed financing for two solar assets in Chile.

American Electric Power company Southwestern Electric Power Co. (SWEPCO) has received approval from the Louisiana Public Service Commission (LPSC) to proceed with its fuel-free initiative to acquire 999MW of renewable generation resources.

Brazil’s National Electric Energy Agency (Aneel) has awarded projects in the first transmission auction of the year.

Viridi Energy, a renewable natural gas platform, has partnered with American Organic Energy (AOE) to develop a food waste-to-RNG project at AOE's plant in Yaphank, New York.

Energix Renewables has received $520 million in financing and tax equity from Santander CIB and Morgan Stanley for six solar projects in Virginia and Pennsylvania. The projects will total 416MWdc of solar energy.

The World Bank has approved a series of loans to Argentina, including a $400 financing to expand access to clean energy in the country.

Lapis Energy and Denbury have formed a joint venture to design, implement, and operate a carbon dioxide (CO2) sequestration site at Lapis Energy’s carbon storage facility located in St Charles Parish, Louisiana.

Hawthorn Renewables has pledged $250 million into building solar projects across the US in the next four years.

The Government of Ecuador has fulfilled parts of a pre-contractual procedure to obtain credit lines to fund a transmission line cross-border project between Ecuador and Peru.

Leyline Renewable Capital, development-stage capital investment firm, has provided a debt financing for RAI Energy to develop several large utility-grade solar and solar-plus-storage projects in the Western Energy Coordinating Council.

Financial details have emerged on Macquarie’s Green Investment Group (GIG) and Hydro Rein’s 456MW Feijão Wind Farm – part of a 586MW combined wind and solar project in northeastern Brazil.

Summit Ridge Energy (SRE) and Osaka Gas’ US unit are teaming up for the construction, ownership, and operation over 100MW of solar projects throughout Virginia, plus 8MW of energy storage in New York.

Engie Energia Chile has secured a $400 million sustainability-linked loan from the IFC to help the company shift from fuel-based power generation to renewable power.

Renewables developer Intersect Power has closed an $800 million revolving corporate credit facility to support the development, construction, and operation of its renewables, energy storage, and green hydrogen project pipeline.

The Development Bank of Latin America (CAF) has approved a loan to finance distribution networks in Ecuador.

Recurrent Energy, a development company owned by Canadian Solar, has secured a €150 million multicurrency facility with Santander Corporate & Investment Banking.

Orion Power is planning to develop a solar-plus-storage asset in the region of O'Higgins in Chile.

LS Power Grid Maine has received legislative approval for Aroostook Renewable Gateway, an electric transmission line to interconnect renewable energy resources in northern Maine with the electric grid operated by the New England independent system operator (ISO-NE).

A Ford Motor Company joint venture has received a $9.2 billion conditional loan from the Department of Energy's Loan Programs Office (LPO) to finance three battery plants in Tennessee and Kentucky. The JV, BlueOval SK LLC, brings together Ford and SK On, a Korean EV battery manufacturer.

Great Bay Renewables, owned by Altius Renewable Royalties Corporation and Apollo Global Management, has invested $45 million with Hexagon Energy for future royalties related to Hexagon’s 43 project solar, solar-plus-battery storage, and standalone storage development projects – which totals 5.3GWac and spans 12 states.

The New York Independent System Operator (NYISO) has selected the Propel Alternate Solution 5 project for the Long Island Offshore Wind Export Public Policy Transmission Need solicitation.

Strata Clean Energy has closed on tax equity investments to fund two standalone battery energy storage systems.

Chilean developer Blue Light Energy is working on a utility-scale solar project in the region of Maule.

Altus Power, an independent developer, owner, and operator of commercial-scale solar, has secured $47 million in financing from Blackstone.

Engie Energía Chile is planning a $230 million wind project in the region of Biobío.

Canada-based EverWind Fuels Company is supportive of Nova Scotia's recently published Offshore Wind Roadmap and the province's efforts to become a global leader in renewable energy.

The Canada Infrastructure Bank (CIB) has ramped up investing in recent times with $3 billion deployed in clean energy projects – out of a near $10 billion total – and having doubled its cumulative deal volume hitting back at critics who said it was not putting capital to work quick enough.

Norwegian renewables firm Norsk Solar has made a final investment decision (FID) on the construction of 3 solar PV plants in Brazil.

Czech renewables developer Solek is entering the renewables market in Colombia with two solar projects.

BlackRock-owned DSD Renewables has secured a $140 million credit facility, with the funding arrangement led by Santander Corporate & Investment Banking with HSBC USA and Rabobank Group as lead joint arrangers.

HIF Global is to develop an eFuels project in Paysandú, Uruguay – expanding its presence in the country.

The European Investment Bank (EIB) has signed an agreement with Chile’s Ministry of Finance and economic development agency, Corfo, to finance green hydrogen in the country.

Community solar specialist Nexamp has secured more than $400 million in tax equity and debt commitments led by US Bancorp Impact Finance and MUFG.

Solar manufacturer CubicPV has secured over $100 million to fund its US factory plans and product pipeline. Cubic’s leading shareholder, SCG Cleanergy, made contributions along with Hunt Energy Enterprises and Breakthrough Energy Ventures.

The Inter-American Development Bank (IDB) has approved a $400 million loan to support the development of green hydrogen in Chile.

During Chile’s annual Cuenta Publica presidential speech held in Congress on June 1, Gabriel Boric announced that the government was working on a bill to tender 5.4GW of large-scale energy storage systems set to become operational in 2026.

North American renewables and storage developer Nexus Renewables announced the closing of multiple financings totaling $40 million.

Spearmint Energy, the battery energy storage specialist founded in May 2022, has closed a $200 million credit facility with Aiga Capital Partners for the development of battery storage assets in Texas.

KORE Power, battery storage and EV solutions company, was awarded a conditional commitment loan of $850 million by the Department of Energy's Loan Programs Office (LPO) for an advanced battery cell manufacturing facility in Buckeye, Arizona.

Colombian power company Celsia has turned on a 9.9MW solar farm in Valle del Cauca, Buga I, having agreed offtake agreements with agricultural business, Solla, and food processing company, Alianza team.

The National Energy Commission (CNE) has granted two definitive concessions to the Cotoperí project in the Dominican Republic.

The US International Development Finance Corporation (DFC) is interested in providing financing for Solarpack’s 200MW El Aromo solar farm in Manabí, Ecuador.

Spanish infrastructure firm ACS is expected to reach FC on a wind project in Ecuador before the end of 2023, according to a source familiar with the matter.

Eolian, a portfolio company of Global Infrastructure Partners (GIP), has closed financing on a green loan for decarbonization strategies across the US.

Big businesses have begun to move on carbon capture while the US government spurs advancements in the emerging sector through its Bipartisan Infrastructure Law’s (BIL) tax credits, loans and grants.

Canadian-based power producer Codelio Power has secured construction loan financing and tax equity for its 171MW Moraine Sands wind project in Mason County, Illinois.

Brazil’s National Electric Energy Agency (Aneel) has confirmed the first transmission auction of this year to be held on June 30.

Ares-backed Heelstone Renewable Energy closed a $357 million debt financing with JPMorgan Chase and Fifth Third Bank for five utility-scale solar projects.

EDF Renewables Brasil has signed a memorandum of understanding (MoU) for the development of green hydrogen with the state government of Rio Grande do Norte.

Hyundai Motor Group and LG Energy Solution (LGES) have launched an electric vehicle (EV) battery cell manufacturing joint venture in Georgia.

FuelCell Energy, a global manufacturer of proprietary fuel cell technology, has secured a $87 million non-recourse project financing facility.

The US power sector is experiencing a remarkable influx of foreign investments, with companies from across the globe pouring billions of dollars into clean energy projects bolstered by the Inflation Reduction Act (IRA).

Czech renewables developer Solek has landed financing for a 284MW portfolio of solar assets the company is developing in Chile.

Renewable fuels company Raven SR has received environmental approval from the city of Richmond, California for its biofuel project.

AES Andes is retiring the company’s Norgener coal-fired power plant in Chile.

Lightsource BP has reached commercial operation on its Bellflower Solar project.

The National Energy Commission (CNE) has granted a total of three definitive concessions for solar projects to be developed on the island.

Spanish JV partners Repsol and Ibereolica Renovables have commissioned the first phase of their maiden joint solar project plant in Northern Chile.

Latin America Power is planning a 73MW expansion to the company’s San Juan wind project in Chile.

Chile’s National Energy Commission (CNE) has revealed details on its 2023 power auction which will be held in December.

Leyline Renewable Capital has invested $30 million with solar and storage developer Accelergen Energy.

The US Department of Energy (DOE) will award $32.6 million to the Colorado School of Mines, Carbon America, and Los Almost National Laboratory for a carbon storage hub in Pueblo, Colorado.

AES Andes has received environmental approval to develop a massive hybrid complex in Chile after submitting the project almost three years ago.

Generate Capital, a San Francisco-based sustainable infrastructure fund will invest $250 million in Ambient Fuels, a green hydrogen developer.

Aspen Power has completed construction on its first solar project with residential real estate powerhouse The Michaels Organization.

Omega Energia has entered an agreement with São Paulo-based fund manager Apolo to develop solar generation in Brazil.

Renewable developer Omega Energia has landed R$415.32 million ($83.6 million) for a wind complex the company is developing in Brazil.

Blackrock-owned DSD Renewables closed a $75 million dollar tax equity financing with Bank of America for several commercial and industrial (C&I) and community solar projects across the US.

Parque Eolico Arauco (PEA) is partnering with IMPSA on a solar project in the province of La Rioja in Argentina.

Matrix Renewables, global energy developer backed by TPG, announced the completion of construction and financing for its Kern County, California projects Gaskell West 2 and 3. The projects are 143MWdc of solar and an energy storage system with an 80Mwh capacity.

EBCO Energía has submitted a utility-scale solar project for environmental review in Chile.

MPC Energy Solutions is planning to develop up to 70MWp of renewable energy projects in Panama.

Republic Transmission – a subsidiary of LS Power – has secured a contract from MISO to develop, own, operate and maintain a double-circuit transmission line in northern Indiana.

Neoenergia has signed a financing agreement that will support the expansion of its energy distribution business in Brazil.

Bitech Technologies Corporation has received $300 million in financing from Nam Viet Green Energy JSC (Nam Viet Energy) for selected solar and battery energy storage system (BESS) projects.

President Biden's suspension of tariffs on solar panels from four Southeast Asian nations was repealed by the US Senate, threatening solar projects while American solar panel manufacturing gets up and running.

Pivot Energy has closed on a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects in the US.

Denham Capital-backed power firm Ceiba Energy has signed an EPC contract with a consortium of Mitsubishi Power Americas and Consag to develop a 1.6GW LNG-to-power plant in northeastern Brazil.

The National Energy Commission (CNE) has granted a definitive concession to Irradiasol Dominicana for a solar project in the Dominican Republic.

Linxon has signed an exclusivity agreement with Available Power for the 100MW / 200MWh Greenport Battery Energy Storage System (BESS) project in Austin, Texas.

PowerChina has signed a memorandum of understanding with the government of the state of Ceará for the development of a solar project.

YPF Luz has signed a memorandum of understanding (MoU) with Cementos Avellaneda to jointly develop a wind project in Argentina.

The move towards a greener US power industry through investments in new clean energy technologies is being aided by government policy and dollars, but risks remain for all participants with a number of exogenous factors impacting ‘green’ financing.

New Jersey has begun the process for its second offshore wind transmission solicitation, which will bring the state closer to its newly increased offshore wind policy target of 11GW.

Akuo Energy and Atlantica Sustainable Infrastructure have reached financial close and start of construction on a solar PV portfolio in Chile.

Peruvian investment promotion agency ProInversión and Acciona have signed a concession contract for 2 power transmission lines in Peru.

Renewables developer BayWa r.e has completed close on a $115 million credit facility with Nomura to support the development of utility-scale solar and solar+storage projects in the US.

Argentina's Secretariat of Energy has received more than 2GW of renewable energy project bids in a tender launched earlier this year.

SFC Energy, a supplier of hydrogen and methanol fuel cells, has opened 2 competence centers for hydrogen fuel cell technology in Calgary and Toronto.

Pampa Energía is planning to issue green bonds to finance the construction of a wind project the company is developing in Argentina.

Spanish renewables firm Ecoener will close a deal to finance its Colombian Sunnorte Solar PV Plant in May.

French solar developer GreenYellow has started construction on five utility-scale solar projects in Colombia.

Small-scale Chilean developer oEnergy is adding two solar-plus-storage projects to the company’s development pipeline.

The World Bank’s International Finance Corporation (IFC) will provide up to $175 million to strengthen Guatemala’s power distribution.

The renewable subsidiary of real estate and construction group EBCO Industrial is planning to develop two solar projects in Chile.

Innergex Renewable Energy has secured a $49.5 million loan to s;upport the construction of the San Andrés battery energy storage project in Chile.

Spain’s Enerfín has landed a loan to finance the construction of the company’s first solar project in Colombia.

The power generation subsidiary of Argentina’s state-owned oil and gas company YPF Luz has inaugurated its first solar park.

Renewables developer Avangrid, a part of Iberdrola, has teamed up with the Navajo Tribal Utility Authority (NTUA) to develop up to 1GW of green energy projects within the Navajo Nation in the states of New Mexico and Arizona.

The government of Colombia will tender a 500/230kV transmission substation project, the first such tender in in the country.

Peru’s Energy and Mines Ministry (MINEM) has granted local electricity company Ecorer a temporary concession for the 100MW Montalvo solar project.

China’s State Power Investment Corporation (SPIC) has signed a memorandum of understanding to promote green hydrogen production in the state of Rio de Janeiro.

Brazilian construction company BN Engenharia will carry out infrastructure work on China’s State Power Investment Corporation (SPIC) and Canadian Solar’s 738MW solar portfolio.

Renewables developer Emrgy has raised $18.4 million in Series A funding to launch a hydro turbine factory in Colorado and support the development of its hydropower projects.

Lightsource BP has reached a $327 million financial close on the 313MWdc (250MWac) Driver Solar Project near Osceola in Mississippi County, Arkansas.

Spanish developer Fotowatio Renewables Ventures (FRV) has begun the permitting process for a utility-scale wind project in Chile.

Peruvian investment promotion agency ProInversión is looking to award the Piura Nueva – Frontera transmission project in July.

Small-scale developer oEnergy is adding a solar-plus-storage project to the company’s pipeline in Chile.

Mitsubishi Power is partnering with Warwick Carbon Solutions for decarbonization projects in the electric power and industrial sectors.

Vesper Energy — the developer, owner, and operator of utility-scale renewable energy assets — has upsized its existing letter of credit (LC) facility to $200 million from $140 million.

Clearway Energy Group has closed financing on two utility-scale solar and storage projects in Riverside County, California.

French energy company Engie has signed a memorandum of understanding (MoU) to support the development of green hydrogen in the state of Paraná in Brazil.

Ecuador’s Ministry of Energy and Mines has awarded projects in a renewables tender the country launched back in December 2021.

Offshore wind in Latin America is generating conversation, if not power, as its governments attempt to meet ambitious energy transition goals. According to the World Bank, the region holds 8,000GW of potential technical capacity, with Brazil, Colombia, Chile and Mexico offering some of the best resources for implementation.

Details have emerged on Spanish utility Solarpack’s acquisition of a concession to develop a 200MW PV solar farm in Manabí, Ecuador.

Paraguay’s state-owned power utility ANDE has signed an agreement with Swedish-based engineering company AFRY and Argentinian firm Latinoconsult to rehabilitate and modernize the 200MW Acaray hydropower plant.

Grupo Energisa has landed financing to support the development of distributed generation solar projects in Brazil.

Brazilian developer Casa dos Ventos has landed a loan from BNDES to support the construction of the Umari wind complex.

Dominican public utility Empresa Generadora de Electricidad Haina (EGE Haina) has secured a definitive concession for a solar project on the island.

Danish wind turbine manufacturer Vestas will supply turbines to the 162MW La Eltiba wind farm in the province of Buenos Aires in Argentina, owned by local renewable energy producer Genneia.

This week, First Citizens Bank agreed to a whole bank purchase of Silicon Valley Bank, taking on all its loans and certain other assets, as well as assuming all its customer deposits and certain other liabilities. In all, First Citizens is taking assets of $110 billion, deposits of $56 billion and loans of $72 billion.

RWE has signed a Memorandum of Understanding (MoU) with Entergy to jointly evaluate the delivery of clean energy from offshore wind to industrial customers in Texas and Louisiana.

Duke Energy has started commercial operation of North Carolina's largest battery system, an 11MW project in Onslow County.

Danish wind turbine manufacturer Vestas has signed an agreement with Brazilian developer Casa dos Ventos to supply wind turbines to two mega wind farms.

Chile’s national energy commission is calling for an international public tender to award the construction, execution and operation of 15 transmission works, with a combined value of $414 million.

The governments of Canada, Nova Scotia, and Newfoundland and Labrador have begun regional assessments for offshore wind development.

Brazil’s power sector regulator Aneel has approved the remaining 100MW worth of solar projects from the A-5 tender held on 14 October 2022.

Oya Renewables, the clean energy developer and independent power producer, has closed a $27.1 million long-term loan facility from City National Bank (CNB) and tax equity funding from Greenprint.

Engie has received the greenlight to turn on the first unit of its Santo Agostinho wind project in Brazil.

Mexico’s government will develop renewable energy projects to power the 300km Tehuantepec isthmus rail corridor between ports in Oaxaca and Veracruz states.

Chinese wind turbine manufacturer Xinjiang Goldwind Science & Tech will invest R$150 million ($29m) to create a production base in Brazil’s Bahia state.

Netherlands-based renewables company MPC Energy Solutions announced the completion of construction and grid connection for its Parque Solar Los Girasoles.

South Korea's LG Energy said it would invest about KRW7.2 trillion ($5.5 billion) in a battery-manufacturing complex in Arizona.

Mexico’s renewable energy sector might be on the road to recovery, with elections to be held in July 2024. Following a run of lean years, sponsors and lenders alike were enthusiastic for the future while discussing the renewable landscape at REFF Latam 2023 last week.

Norwegian renewables provider Scatec has made its first drawdown under a $240 million non-recourse loan facility to partly finance the 531MW Mendubim solar project.

French renewable developer GreenYellow is entering the utility-scale solar generation market in Brazil.

Neoenergia has brought online the entire Neoenergia Renewable Complex, Brazil’s first operational hybrid complex.

Foss & Company has closed on a tax equity partnership with Birch Creek Energy for $130 million of investment.

Two organizations have joined forces to collaborate on advancing the development and deployment of projects in the rapidly scaling North American offshore wind industry.

The Argentine province of Santa Fe’s energy distributor EPE will issue a regional tender for renewable energy after several months’ delay.

New Fortress Energy has entered into an agreement with Weston Solution for the installation and operation of 150MW of additional power generation at the Palo Seco Power Plant in Puerto Rico and the supply of natural gas.

Avangrid has bolstered its footprint in the US renewables sector with plans to develop two solar farms in Texas and Ohio. The projects, which generate a total of 523.5MW of power, are:

AES Andes is planning an addition to its renewable pipeline in Chile with a new solar-plus-storage project.

Paraguay’s National Electricity Administration (ANDE) and the Plata Basin Financial Development Fund (Fonplata) have agreed to terms for a loan to develop a transmission line project.

Brazil’s National Electric Energy Agency (Aneel) is preparing its second transmission auction of the year, the largest in terms of investments ever held in the country.

Twain Financial Partners has secured a lending license from the United States Department of Agriculture (USDA), enabling it to act as a single-source capital deployer for eligible projects.

Leeward Renewable Energy has closed an $180 million commitment from MUFG Bank and Wells Fargo for a 200MW Horizon Solar Facility located in Frio County, Texas.

The Department of Energy’s recent $6 billion funding announcement for decarbonization projects is likely to spur future investment from traditional infrastructure investors in the nascent energy subsector.

The Biden Administration has announced $2.5 billion in new funding for a program to fund electric vehicle (EV) charging and alternative fuelling infrastructure across the country.

Ozop Energy Solutions – a subsidiary of Ozop Engineering and Design (OED) – has become Pace Equity's project finance partner.

Brazilian chemical company Unigel has formally signed an agreement with German electrolyzer manufacturer Thyssenkrupp Nucera to develop the second phase of a green hydrogen ammonia project in the state of Bahia.

Brazilian development bank BNDES has approved financing for French electricity producer Helexia, part of the Voltalia Group, to install solar projects across Brazil.

US solar power producer Navisun has secured up to $235 million in debt financing to support its growth strategy.

Engie Energía Perú was granted a definitive concession for the development of a solar project in Peru after submitting a request last July.

The local subsidiary of AES Corp is planning to develop a new utility-scale solar project in El Salvador.

Danish wind turbine manufacturer Vestas has signed two turbine supply contracts with utilities in Argentina and the US for a total capacity of 151MW.

Argentina’s federal transmission trust fund has launched a tender for a project in Catamarca province as part of the country’s regional electricity improvement plan.

Grupo Ibereólica is planning a hybrid solar and wind complex in Chile.

The Puerto Rican Public Private Partnerships Authority has issued a request for qualifications (RFQ) for the development of a LNG-to-hydrogen plant on the island.

The California Independent System Operator (CAISO) has nominated LS Power Grid California to finance, construct, own, operate and maintain two projects to support electricity reliability in California:

Chevron New Energies – a division of Chevron USA – and JERA Co have signed an MoU for collaboration on carbon capture and storage (CCS) projects in the US and Australia.

Enel Green Power has started construction on the El Manzano solar project in Chile.

Norwegian oil & gas group Equinor and Brazilian state-run oil & gas firm Petrobras have announced a collaborative initiative to study the potential for over 14GW of offshore wind projects in Brazil.

Brazilian development bank BNDES has approved financing for two biofuel plants through the bank’s RenovaBio initiative.

French energy company Voltalia has signed a memorandum of understanding (MoU) for the development of green hydrogen in Brazil.

Geothermal Core and GEG have teamed up to originate and develop the first utility-scale geothermal power plant in Texas.

Credit-focused investment manager AB Carval and tax equity investor Nelnet have financed the latest portfolio of small-scale utility and community solar developer Renewable Properties.

Santiago-based developer Orion Power is planning a utility-scale solar project in Chile.

The Peruvian Ministry of Energy and Mines has granted three concessions (two of them definitive) for the development of power generation projects in the country.

Battery energy storage systems developer Available Power has partnered with Linxon on a front-of-meter energy storage project pipeline in Texas's ERCOT market.

360 Energy is planning to issue bonds for up to $80 million to finance a solar project the company is developing in Argentina.

Grupo Ibereólica has received environmental approval to develop a massive wind project after waiting for more than two years.

Avangrid has hit commercial operation at its 150MW Lund Hill solar farm in Klickitat County, Washington. It is the state’s largest photovoltaic plant.

OCI Solar Power has signed an agreement with Mitsui & Co. (USA) to collaborate on utility-scale solar energy projects in Texas.

Ontario-based developer Canadian Solar is looking to develop a new solar-plus-storage project in Chile.

YPF Luz and Pampetrol have entered an agreement to jointly develop solar generation projects in Argentina.

AES Andes is planning to develop and build a hybrid project, the company's first in Chile.

Power generation company Genneia has secured financing for three renewable projects it is developing in Argentina.

Coldwell Solar has launched a gigawatt-scale solar project that will allocate a portion of the output to producing clean hydrogen on-site.

Chile-based renewables company Verano Energy (formerly Verano Capital) has secured several permits needed for construction of a 100MW solar power project in Peru.

French-based renewables producer Total Eren will construct its first project in Honduras, a 122MW wind farm.

Spanish joint venture partners Repsol and Ibereolica Renovables have officially turned on their 165.3MW Atacama wind farm.

UGI Energy Services — a subsidiary of UGI — has formed a joint venture with Archaea Energy, a subsidiary of BP.

AmmPower Corp. has signed an MoU with the Port of Corpus Christi Authority (PCCA) to explore green hydrogen as feedstock for clean fuel, green derivatives production, storage and a distribution facility.

Argentine energy company Pampa Energía is adding a new wind project to its development pipeline.

Eolian, a subsidiary of Global Infrastructure Partners (GIP), has successfully closed a tax equity investment in two standalone battery storage projects in Mission, Texas.

Brazil's EDP Renewables' (EDPR) 580MW wind farm complex in Rio Grande do Norte state has been inaugurated.

Chinese PV systems provider Antaisolar will supply 187MW worth of solar tracking systems solutions to Brazilian utility Cia Energetica de Minas Gerais, also known as Cemig.

Casa dos Ventos and Comerc Eficiência (an energy efficiency company of Comerc Energia Group) have signed a partnership with TransHydrogen Alliance (THA) for the production and export of ammonia.

Comcast has issued a green bond worth $1 billion to investors to support clean energy and infrastructure initiatives.

Puerto Rico has launched the third tranche of its six-tranche renewable energy procurement process.

Renewable developer Longroad Energy has reached financial close on a 150MWac PV project in Polk County, Texas, which will now enter construction.

Utility Enel Chile has secured approval to start commercial operations on its 204MW solar farm in the Atacama Desert, the company said on 7 February.

The investment arm of the Inter-American Development Bank, IDB Invest, will finance an 80MW thermal power plant (TPP) in Brazil, the multilateral announced on 6 February 2023.

The Chilean National Commission of Energy is launching a request for proposals (RFP) for transmission projects in the country.

Chemical companies OCI and Linde have agreed on a clean hydrogen supply deal which will see the latter build and operate a hydrogen plant at the former's blue ammonia plant project in Beaumont, Texas.

YPF Energia Electrica is set to issue bonds to finance a new solar project the company is developing in Argentina.

MPC Energy Solutions has started operations for its Santa Rosa and Villa Sol solar PV plants in El Salvador, which have a combined installed capacity of 21.3MW.

Sustainability-focused investment firm Pacolet Milliken has formed a joint venture with Oregon-based Evensol, a developer of renewable biogas assets.

Genneia is issuing green bonds for up to $80 million to finance a pair of renewable projects the company is developing in Argentina.

Chilean small-scale developer oEnergy is growing its portfolio with a solar-plus-storage project.

Spanish renewables firm Grenergy will develop three PV solar plants in Colombia.

YPF’s power generation arm YPF Luz is set to start construction on the company’s fourth wind project in Argentina.

Bioenergy developer Brasil BioFuels (BBF) has issued debentures to finance power plants in Northern Brazil.

UK-based Atome Energy has inked a partnership agreement with Cavendish, the renewable energy arm of Grupo Purdy SA, in Costa Rica.

Solar developer Erco Energia has landed $30 million to support the development of solar projects in Colombia.

Peruvian investment promotion agency ProInversión has awarded two electricity transmission PPPs to Spain-based infrastructure company Acciona Concesiones.

Chilean utility company Colbún and Japanese multinational Sumitomo will ally to study the feasibility of green hydrogen-to-ammonia projects in Chile.

Norsk Solar has secured additional financing for a 18MW solar project the company is developing in Brazil.

Allete is partnering with Grid United on a $2.5 billion transmission line between the states of North Dakota and Montana.

Duke Energy Sustainable Solutions (DESS), a nonregulated commercial brand of Duke Energy, has placed the 120MW Jackpot Solar project in Twin Falls County, Idaho into commercial operation.

The deadline to submit bids for New York’s third competitive offshore wind solicitation passed on 26 January, with Ørsted and BP among the bidders.

Enel Green Power has brought the São Gonçalo III solar project in Brazil online.

Fortescue Future Industries (FFI) has signed an MoU with US sustainable transport company Nikola to evaluate co-development opportunities for large-scale green hydrogen production in the US.

The National Electric Coordinator has released its plans for a $279 million expansion of the transmission system in Chile.

EDF and environmental services company Refocosta are partnering on the development of a biomass power plant in Colombia.

Norwegian energy company Statkraft will abandon the building of a dam-toe hydroelectric plant in Chile out of respect for local indigenous communities, which consider the project site sacred ground.

Enel Green Power has turned on the company’s first renewable distributed generation project located in the metropolitan region of Santiago.

Brazilian solar energy provider Sun Mobi will set up a 5MW solar PV plant in São Paulo state.

Anaergia has reached an agreement Canadian-owned Irving Oil to supply RNG to the energy company’s operations, including the Saint John refinery in New Brunswick.

Spain’s Acciona Energia is planning to develop a 92MW solar project in Chile.

Longroad Energy has started work on Sun Streams 3, a 285MWdc PV and 215 MWac/860 MWh storage project located in Maricopa County, Arizona.

Unigel is planning a R$7.8 billion ($1.5 billion) investment in a green hydrogen complex the company is developing in Brazil.

Lightsource bp has closed on a $267 million tax equity investment from Wells Fargo.

Spanish renewables firm Grenergy’s 240MW Gran Teno solar farm in Chile will start operations “soon”, the company said on Friday (13 January 2023).

State-owned hydro and utility company Urrá’s Aquasol solar complex is close to completion, the firm announced on Friday (13 January 2023).

Texas-based Leeward Renewable Energy (LRE) has closed financing for its Chaparral Springs Solar + BESS facility located in Kern County, California.

Colombia’s state-owned petroleum firm Ecopetrol has selected French-based energy producer Total Eren to build a 100MWp solar farm at its Rubiales oilfield.

Chinese PV module manufacturer YuanTech Solar has obtained the Brazilian INMETRO certification which gives the company the opportunity to operate in the country’s renewable energy market.

British geoscience company Getech and Canadian geothermal firm Eavor Technologies have signed a Strategic Collaboration Agreement to jointly locate and de-risk geothermal projects across Latin America.

Canadian renewables developer Westbridge Renewable Energy Company has expanded its Sunnynook Solar PV project in Alberta to 330MWp.

Oil and gas company BP has begun working on its 107MW Arche Solar project in Fulton County, Ohio.

EverGen Infrastructure Corp. has secured a $31 million syndicated senior term loan facility from its existing lender Roynat Capital – a subsidiary of the Bank of Nova Scotia and Export Development Canada (EDC).

Chilean state-owned mining company Codelco has signed a contract with local electricity utility AES Andes to replace coal supply at 2 mines with renewables.

EnfraGen, a joint venture between Glenfarne Group and Partners Group, has announced the signing of an EPC contract with Chilean renewables firm Verano Energy to develop 8 PV projects in Chile.