Spanish company Ignis plans to invest US$1.5 billion in solar and wind projects across Peru between 2025 and 2028, adding 1,469 MW to the National Interconnected Electrical System (SEIN). The six renewable projects include four wind-solar hybrid plants and two standalone solar plants, Alba and Blanca, each 200 MW in Arequipa. Source: PV Magazine LATAM
Peruvian power company Kallpa Generación has issued US$500 million in international bonds to help finance its 309 MW Sunny solar project in Arequipa and refinance its US$350 million Kallpa 2026 bond. Source: PV Magazine LATAM
Six energy projects featuring solar and battery storage have been submitted to Chile’s Environmental Impact Assessment Service (SEIA). The proposals include 155.34 MW of solar capacity and over 1 GW of battery storage (BESS), with a total investment of US$879.16 million. Source: PV Magazine LATAM
The Brazilian government has established the Energy Transition Acceleration Program (Paten) to promote sustainability and renewable energy adoption. The program includes a Green Fund, managed by BNDES, allowing companies to use federal receivables as collateral to finance low-carbon projects. Paten also supports energy infrastructure modernization, carbon capture research, and workforce training, positioning Brazil as a […]
Enel Green Power has commenced full commercial operations of its 611 MW Arinos Solar Complex in Minas Gerais, Brazil. Source: Renewables Now
Mexican solar start-up Niko Energy has raised US$23 million in debt and equity to expand decentralized energy solutions across Mexico. The funding includes US$8 million in equity from QED Investors, Picus Capital, 468 Capital, and Bridge Latam, along with US$15 million in debt financing from local investors. Source: Renewables Now
UCB Power has secured US$35 million in financing from IDB Invest to expand Brazil’s battery production sector. The package includes a US$25 million loan to increase production capacity in Amazonas and Minas Gerais and a US$10 million credit line to improve import capabilities. Source: Renewables Now
Belize has launched a US$58.4 million project to deploy 40 MW of energy storage across four sites, supported by the World Bank and the Government of Canada. Source: Renewables Now
EDP Energias de Portugal has signed an agreement to supply 13.4 MW of renewable energy to 144 state agencies in Ceará, Brazil, through 2029. Source: Renewables Now