Industry Analysis - Page 3 of 180

Costa Rica’s ICE advances US$245 million modernization of Ventanas Garita hydroelectric plant with IDB financing
June 10, 2026
Costa Rica’s state utility ICE, has moved forward with the US$245 million modernization of the 100 MW Ventanas Garita hydroelectric plant, as part of a broader infrastructure upgrade program financed by a US$200 million loan from the Inter-American Development Bank. The overhaul will replace electromechanical equipment and transformers and extend the plant’s operating life by […]
Elea Data Centers and Rio move forward on Rio AI City after US$550 million investment
June 10, 2026
Elea Data Centers and Rio de Janeiro’s city government have signed a new memorandum of understanding to advance the “Rio AI City” project, an initiative aimed at developing an artificial intelligence infrastructure hub in the city. The agreement follows a US$550 million investment tied to Elea’s expansion under global infrastructure investor I Squared Capital. Source: […]
Mexico launches fast-track approval program for renewable energy and battery storage projects
June 10, 2026
Mexico’s Ministry of Energy (SENER) has launched a new “Strategic Projects” call to accelerate approval of renewable energy and battery storage developments aligned with national grid planning priorities. The initiative introduces a fast-track permitting process for generation and storage projects, significantly reducing approval timelines from up to two years. Source: Energy Storage News
32 kWp solar expansion powers banana flour plant in remote Peruvian Amazon community
June 10, 2026
A 32 kWp off-grid solar system has been installed in Soledad, a remote Peruvian Amazon community, to power a banana flour production plant operated by Terra Nuova and local producers. The expansion, led by Light Up The World, increases capacity to 32 kWp, enabling industrial-scale dehydration and supporting higher production volumes. Source: PV Magazine LATAM
GIZ validates solar-hydrogen pilot system at Chilean Antarctic research base
June 10, 2026
A pilot renewable energy and hydrogen system has been validated at Chile’s Professor Julio Escudero Scientific Base on King George Island, aiming to reduce diesel use in extreme Antarctic conditions. The project, led by Germany’s GIZ under the EU-backed Team Europe Renewable Hydrogen initiative, combines a 27 kW solar PV system, batteries, and a small […]
Brazil’s ANEEL approves regulatory framework to enable large-scale energy storage deployment
June 10, 2026
Brazil’s electricity regulator ANEEL has approved a long-awaited regulatory framework for energy storage systems, setting rules for grid connection and enabling broader deployment of batteries beyond behind-the-meter applications. The decision also prepares the market for a planned national capacity auction for battery storage, expected before the end of 2026. Source: PV Magazine LATAM
Costa Rica launches first experimental agrivoltaic system at San Carlos campus
June 10, 2026
The Costa Rica Institute of Technology has launched the country’s first experimental agrivoltaic system at its San Carlos campus, combining small-scale solar generation with agricultural production on the same land. The 3 kWp pilot project uses both elevated solar panels and vertical bifacial modules to test how crops and electricity generation can coexist under tropical […]
Bolivia approves US$37 million financing for 40 MW Contorno Bajo I solar project
June 10, 2026
Bolivia has enacted a law approving financing for the 40 MW Contorno Bajo I solar project in Viacha, La Paz, which will be developed using a US$37 million loan from Germany’s KfW. The project will add over 74,000 photovoltaic panels and feed electricity into the national grid as part of Bolivia’s renewable energy expansion program. […]
Mexico unveils first domestically developed EV
June 10, 2026
Mexico has unveiled its first domestically developed electric vehicle, the Olinia 1, which incorporates 50% locally sourced content under the country’s Plan México initiative. The compact urban EV is designed for short-distance travel, featuring a 13.5 kW motor, a top speed of 50 km/h. Source: PV Magazine LATAM