The 766 MW Sol do Cerrado solar park, located in Minas Gerais, started generating power in four of its 17 sub-farms. The solar park, comprised of 1.4 million solar panels, cost a total of US$590 million to develop. Source: Renewables Now
Solarpack, the Spanish solar power developer, received a loan for US$133.6 million to develop two solar farms in Colombia with a combined capacity of 252 MW. Source: Renewables Now
Colbun has completed the development of the 230 MW Diego de Almagro Sur solar plant in Chile’s Atacama region. The solar plant is connected to 8 MW/32 MWh of battery storage. Source: PV Magazine
Enel Americas is investing US$5 billion in the Latin American region with most of the investments going to Colombia and Brazil. They will exit Peru and Argentina in 2023 to focus on countries that are “more advanced” in their energy transition. Source: Renewables Now
Auren Energy started operations at the 409 MW Ventos do Piaui II and III Wind Complex in northeastern Brazil. The company invested a total of US$395.7 million into the wind complex. Source: Renewables Now
AES Andes has launched a bidding process to offer green hydrogen from a 2.5 MW electrolysis plant that they are building in Chile. The company expects to produce 1000 kg/day of green hydrogen. Operation will start in 2024. Source: Renewables Now
Enel Colombia received loans totaling US$94.2 million to focus on bringing electricity to rural areas and to increase its renewable energy capacity while reducing thermal generation. Source: Renewables Now
The Vice Minister of Electricity and Renewable Energy in Ecuador presented a roadmap and national strategy for the production and use of green hydrogen in the country. The goal is to achieve an energy transition by converting hydrogen obtained from renewable energy into a competitive and environmentally friendly energy vector. Source: PV Magazine LATAM
By: Racquel Moses, CEO, Caribbean Climate-Smart Accelerator The Caribbean is being affected by two external shocks that are highlighting some of the largest gaps within the region’s infrastructure. Climate change, which is leading to more frequent and severe weather events, has already shaped a lot of policy in the region in terms of resilience-building. As […]