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Market News

  • 22 geothermal exploration permits currently active in Mexico

    February 15, 2023

    According to the Secretariat of Energy of Mexico, 22 active geothermal exploration permits are currently active in the country, the majority in Baja California. Source: ThinkGeoEnergy

  • Enel Colombia begins construction of 29.87 MW solar farm in Panama

    February 15, 2023

    Enel Colombia has started construction on a 29.87 solar farm in Panama, one of the three markets in which it is active in Central America. Source: Renewables Now 

  • A group of municipal and private stakeholders launched the largest distributed generation solar plant in Brazil’s northern region

    February 15, 2023

    A partnership between the Manaus City Hall, local water and sewerage utility, Aguas de Manaus, solar developer, Expertise Energia, and Brasol launched a 2.55 MW distributed generation solar plant in the capital of the Brazilian State of Amazona. The plant is the largest of its kind in the northern region of Brazil. Source: Renewables Now 

  • YPF Luz announced the construction of a fourth wind farm in Argentina

    February 15, 2023

    Argentine power producer, YPF Luz, is set to build a fourth wind farm in Argentina. The project will cost a total of US$260 million. Source: Renewables Now

  • Grenergy Renovables SL opens 30 MW solar complex in Colombia

    February 15, 2023

    Grenergy Renovables SL invested US$30 million in a new 30 MW solar power complex in Colombia. The complex is made up of three solar farms with a capacity of 9.9 MW each. Source: Renewables Now 

  • Sumitomo and Colbun sign MoU to collaborate on green hydrogen and ammonia production

    February 15, 2023

    Japan’s Sumitomo and Chilean power supplier, Colbun signed an MoU to collaborate on the production of green hydrogen and ammonia. The MoU focuses on production and export with the objective of establishing a supply chain from Chile to Japan. Source: Reuters

  • Stuart Young, Trinidad & Tobago’s Minister of Energy, proposes a Caribbean energy alliance with Guyana and Suriname

    February 1, 2023

    The Minister of Energy in Trinidad and Tobago, Stuart Young, proposed a Caribbean energy alliance with Guyana and Suriname as a means to ensure the region’s energy security. Source: Reuters

  • Bolivia partners with China’s CBC consortium to develop its lithium reserves

    February 1, 2023

    Bolivia partnered with the CBC consortium, including Chinese battery giant, CATL, to develop its large reserves of lithium. The partnership gives CBC the rights to develop two lithium plants in Bolivia. Source: Reuters

  • “The Dominican Republic will hit 600 MW in renewable energy by the end of the year “

    February 1, 2023

    The Dominican Republic currently has 15 renewable energy projects in development, 12 of which are currently in the construction phase with operations expected to begin by the end of 2023. These projects will bring 600 MW of clean energy to the Dominican electrical system by the end of the year. Source: Dominican Today

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