Argentina’s latest energy storage tender drew 235 bids from 37 companies totaling more than 8,300MW, far surpassing the government’s 700MW target. The strong response highlights growing investor interest in battery storage as Argentina looks to improve grid reliability and reduce outages across key regions of the national interconnected system. Source: PV Magazine LATAM
Acelen Renewables has secured US$1.5 billion in financing to begin construction of a renewable fuel biorefinery in Bahia, Brazil, one of Latin America’s largest sustainable aviation fuel projects. Scheduled to begin operations in 2029, the facility will produce one billion liters annually of sustainable aviation fuel and renewable diesel. Source: SPGlobal
ContourGlobal has brought the Victor Jara project in Chile’s Tarapacá Region online, integrating 231 MW of solar PV with a 200 MW/1.3 GWh battery energy storage system capable of supplying electricity for up to 6.5 hours. The project is among the world’s longest-duration utility-scale battery installations and the longest currently operating in Latin America. It […]