
Bogotá, 19 November 2025: Climate Fund Managers (CFM), a climate-focused blended finance investment manager operating in emerging markets across Africa, Asia and Latin America, and Erco Energía, a leading Colombian renewable energy developer, with support from the European Union, today announced the inauguration of the Pétalo del Norte I solar power plant in northern Colombia and development funding for the neighbouring Pradera solar-plus – storage plant. [pdf]

Recently, multiple energy storage battery and material projects have announced updated progress: CATL's 80 GWh project has entered steel structure construction, Shenzhen Pengcheng Infinite New Energy Co., Ltd. launched the building of a 27 GWh energy storage cell base, 3d (Longyan) Battery Technology Co., Ltd.'s 1 GWh solid-state lithium battery project officially broke ground, and Tianmulake Excellent Anode Materials Co., Ltd.'s lithium battery material project was signed and finalized. [pdf]

Paris & Mahé, August 20, 2025 – Independent renewable energy company Qair has secured a USD 5.7 million senior debt facility from the Facility for Energy Inclusion (“FEI”), managed by Cygnum Capital, to finance the development, building, operations, and maintenance of a 5.8 MWp Floating Solar plant located in the Providence Lagoon on Mahé Island in Seychelles. [pdf]

In 2019, the Guinean government signed a memorandum of understanding with a Chinese company to develop a 120-megawatt wind farm The hybrid project, located in the Oriental Mindoro province, will combine an existing 16 MW wind power facility and a battery storage solution with an in-house central control system managing the energy produced at the plant. [pdf]
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