IIC helps finance 54-MW solar project in Chile

Acting on behalf of the Inter-American Development Bank (IDB), the Inter-American Investment Corporation (IIC) has helped finance the 54-MWp Los Loros solar photovoltaic (PV) project in Chile’s Atacama Desert.

IDB said in a statement today that IIC has extended an A-loan of USD 19.7 million (EUR 17.9m) towards the construction of the solar park, which is owned by French firm Solairedirect SAS.

Moreover, IIC has mobilised USD 18 million and USD 7 million in financing from the Canada Climate Fund for the Private Sector in the Americas and the China Co-financing Fund, respectively. French development agency Proparco, in turn, has provided a senior loan of USD 19.7 million.

Upon completion of the solar farm, its generated electricity will be sold entirely to the spot market of Chile’s Central Interconnected System (SIC).

Renewables.seenews.com

Same Category

Schneider Electric targets AI energy efficiency with Nvidia partnership & new UPS

13/12/2024

Egypt’s Energy Efficiency Ambitions: An Effective Economic Program for an Oil, Gas Renaissance 05/11/2024

Egypt Vision 2030 was a strategy that sought to build a nation from the grassroots level up, and a critical part of realizing this vision was to realize ambitions to make a regional energy hub. To accomplish this, national production needs to be improved and production efficiency must be enhanced to appropriate levels, taking into consideration commitments to decarbonization and global competition. Improving energy efficiency is the step that needs to be taken for the nation’s objectives to be fully realized.
Schneider Electric urges PH data centres to implement sustainable solutions to minimise energy consumption 04/11/2024

Schneider Electric highlights the critical need for sustainable data center design to reduce carbon emissions and enhance resilience. Through advanced digital solutions, Schneider aims to optimize energy use and drive sustainability in the data center industry.
Schneider Electric Collaborating with NVIDIA on Designs to Increase Energy Efficiency for AI Data Centers 27/10/2024

Schneider Electric expects the reference designs to address the evolving demands of AI workloads while optimizing performance, scalability, and overall sustainability
VSUEE Project Implementation Promotional Measures: Challenges and Opportunities 11/10/2024

On the morning of October 9, 2024, the Ministry of Industry and Trade, in collaboration with the World Bank, organized a roundtable discussion on "VSUEE Project Implementation Promotional Measures: Challenges and Opportunities".
Promoting the Energy Efficiency Investment Market in the Industrial Sector 01/10/2024

On the morning of September 27, 2024, in Ho Chi Minh City, the Ministry of Industry and Trade, in collaboration with the Korea International Cooperation Agency (KOICA), organized "Promoting the Energy Efficiency and Conservation Investment Market in Vietnam's Industrial Sector" seminar.
EOI Extension (#3): C2.2.2: Review and update for current EE benchmarking for 2 sub-industrial sectors 13/09/2024

About Extension (#3) Bidding Package: C2.2.2: Review and update for current EE benchmarking for 2 sub-industrial sectors, develop new EE&EC standards for 2 sub-industries and technical guidelines development for those sectors.
Training energy experts on boiler system optimization 02/07/2024

June 25 - 28, 2024 in Hanoi, the Ministry of Industry and Trade coordinated with the United Nations Industrial Development Organization (UNIDO) to organize a training course for experts on optimizing steam systems in industry.
Technical consultation seminar on VAS's findings 02/07/2024

On the morning of June 26, 2024, in Hanoi, the Ministry of Industry and Trade collaborated with the Danish Energy Agency and the Embassy of Denmark to organize a Consultation Workshop on "Selected Guidelines of the Voluntary Agreement Scheme (VAS) Operation Manual and VAS Findings”.