SUSI Partners to fund 860 MW battery energy storage portfolio in Chile

August 15, 2024

SUSI Partners will fund the development of a battery energy storage portfolio in Chile, in partnership with local developer BIWO Renovables. The portfolio comprises 22 battery projects with a total capacity of 860 MW. Most projects are in advanced stages, with the first expected to be ready for construction in the first half of 2025. […]

Enel Green Power launches 194 MW Pedra Pintada wind complex in Brazil

August 15, 2024

Enel Green Power SpA’s Brazilian unit has commenced commercial operations at the 194 MW Pedra Pintada Wind Complex in Bahia. The project cost a total of US$324.92 million. Source: Renewables Now 

Corio Generation and EBR collaborate to explore 2,400 MW offshore wind deployment in Brazil

August 15, 2024

Corio Generation and Estaleiros do Brasil (EBR) have signed an agreement to explore using EBR’s infrastructure to deploy 2,400 MW of offshore wind in Rio Grande do Sul. Corio plans to develop two offshore wind parks, Casino and Rio Grande, each with over 1,200 MW capacity. Source: Renewables Now

Fuella AS plans major green hydrogen project in Brazil, backed by Allianz Capital Partners

August 15, 2024

Norwegian renewable energy company, Fuella AS, supported by Allianz Capital Partners, is planning a green hydrogen project in Brazil. The company has secured land at the Port of Acu in Rio de Janeiro and plans to make a final investment decision within four years on a 400,000-ton-per-year green ammonia plant. Source: Bloomberg

IDB Invest and GCF launch Caribbean Net-Zero and Resilient Private Sector Program with US$118.9 million funding

August 1, 2024

IDB Invest, in partnership with the Green Climate Fund (GCF), is launching the Caribbean Net-Zero and Resilient Private Sector Program to promote greenhouse gas emission reductions and climate-resilient investments in the Caribbean. The GCF has approved up to US$118.9 million in funding for this initiative. The program aims to boost private sector investment in climate […]

Guyana signs US$8.6 million contract for National Control Centre of Gas-to-Energy Project

August 1, 2024

The Guyanese government has signed an US$8.6 million contract with Power China to build the National Control Centre for the Gas-to-Energy (GtE) project. The building will be crucial for managing the GtE project and is expected to be completed within 13 months. The project aims to reduce electricity costs by 50% by 2025. Source: Oil […]

Barbados to launch BESS procurement to address grid capacity issues and advance solar projects

August 1, 2024

The Barbados Ministry of Energy and Business is hosting a three-day workshop to finalize plans for acquiring Battery Energy Storage Systems (BESS). This is a key step to resolve grid capacity issues and advance stalled solar projects. Source: Business Barbados

Acciona Energía Perú secures concession for 155.7 MW solar project

August 1, 2024

The Ministry of Energy and Mines of Peru has granted Acciona Energía Perú the definitive concession to develop the San José photovoltaic project, which will have an installed capacity of 155.7 MW. Source: PV Magazine LATAM

Asunción to introduce first 30 electric buses by end of 2024

August 1, 2024

Asunción’s public transport network will see the introduction of its first 30 electric buses by the end of 2024. This initiative is part of a larger plan which is targeting 1,000 electric buses. Source: BNAmericas