Hyundai Motor announces US$1.1 billion investment in Brazil for green technology
Hyundai Motor is set to invest over US$1.1 billion in Brazil by 2032, focusing on technology for hybrid, electric, and green hydrogen cars Source: Reuters
Author Archives: tegan
Ignis unveils plans for six renewable projects in Peru
Spanish energy firm, Ignis, has unveiled plans to develop six renewable energy projects in Peru. Among these projects, four will be wind farms, expected to be operational by 2028, the other two will be PV projects. Source: PV Magazine LATAM
Punta Catalina Electric Generation Company plans solar plant construction
The Punta Catalina Electric Generation Company (EGEPC) in the Dominican Republic, which operates two coal-fired power units totaling 720 MW, is seeking to build a 40 MWp solar plant for self-consumption. Source: PV Magazine LATAM
Panama initiates renewable energy tender — the first of its kind in a decade
Panama’s National Secretariat of Energy (SNE) has issued a resolution directing the Electric Transmission Company SA (ETESA) to organize a tender for long term energy supply. The initiative aims to ensure reliable electricity, lower prices, and create green jobs. The tender encompasses 500 MW of power, with a 20-year contract signed with electricity distribution companies, […]
Grupo Greening secures a US$34 million green loan for solar project in Mexico
Grupo Greening 2022 SA secured a US$34.7 million green loan from Banco Santander to help fund the development of a 41.9 MW distributed generation solar project in Mexico. Source: Renewables Now
MPC Energy Solutions initiates solar project in Guatemala
MPC Energy Solutions has started construction on a 65 MWp solar project in Guatemala, marking it as its largest project to date. Valued at US$42 million, the San Patricio Renovables plant is set for completion by mid-2025 and projected to generate approximately 141 GWh of clean electricity annually. Source: Renewables Now
Casa dos Ventos unveils US$2.4 billion investment plan in renewable energy and green hydrogen ventures
Brazilian renewable energy developer, Casa dos Ventos, plans to invest over US$2.4 billion in renewable energy assets by 2026. The company is currently exploring opportunities in green hydrogen, particularly targeting the domestic steel and fertilizer industries. They are currently engaged in a project at the Pecem Industrial Complex in Ceara state to produce green hydrogen […]
Gerdau and Newave Energia break ground on 420 MWp solar park in Minas Gerais
Brazilian steel producer Gerdau and local renewable power producer, Newave Energia, have begun construction on the Arinos Solar Park, a 420 MWp solar project in Minas Gerais state. The park will require a total investment of US$302 million. Source: Renewables Now
Enel Colombia unveils largest solar farm in Colombia
Enel Colombia inaugurated the 187 MW La Loma solar farm in Cesar, Colombia. The plant is the country’s largest solar facility and a significant contributor to the national grid. Source: Renewables Now