Industry Analysis - New Energy Events

Brazil approves US$36 million loan for Renault-Geely hybrid vehicle development
October 29, 2026
Brazil’s National Bank for Economic and Social Development (BNDES) has approved a US$36 million loan to Renault Geely do Brasil to develop hybrid propulsion technology at its facility in Paraná. The technology will be incorporated into a new electrified vehicle scheduled for launch in 2027. The financing forms part of Renault’s broader US$1.15 billion investment […]
Wärtsilä to deliver 70 MWh battery storage project in Aruba, its largest in the Caribbean
October 29, 2026
Wärtsilä has signed an agreement with WEB Aruba to develop a 35 MW/70 MWh battery energy storage system, marking the company’s largest storage project in the Caribbean to date. Scheduled for delivery in the second quarter of 2028, the project will integrate with Aruba’s existing solar, wind and conventional power generation assets. The agreement includes […]
YPF and Tesla plan nationwide EV fast-charging network in Argentina starting in 2027
October 29, 2026
Argentina’s YPF and Tesla are planning to deploy a network of high-power electric vehicle charging stations beginning in 2027, initially connecting Rosario with Santa Fe, Córdoba, Buenos Aires, Mar del Plata and Mendoza. The initiative would use existing YPF service stations and Tesla charging technology, with potential expansion to northern and southern Argentina. Source: PV […]
Paraguay proposes electricity sector reforms to attract energy investment
October 29, 2026
Paraguay is considering two bills to reform its electricity sector, including the creation of a Ministry of Mines and Energy and a dedicated electricity regulator. The proposals aim to improve institutional coordination, strengthen regulatory certainty and encourage investment in new power generation, including solar energy. Both bills remain under public consultation, with stakeholders reviewing their […]
Enel completes 985 MW solar complex in Colombia with US$200 million Atlántico project
October 29, 2026
Enel Colombia has begun commercial operations at its 256 MWdc Atlántico solar plant, completing a three-project solar complex with a combined capacity of approximately 985 MWdc. Located in Colombia’s Atlántico department, the complex includes Guayepo I&II, Guayepo III and Atlántico, with the combined facilities expected to generate electricity equivalent to the needs of approximately three […]
Brazil advances first pumped-storage hydropower project under new regulations
October 29, 2026
Brazil’s National Electric Energy Agency (ANEEL) has registered the country’s first application for a closed-loop pumped-storage hydropower system under its new energy storage regulations. The proposed 5.2 MW Salto Timbé do Sul project, located in Santa Catarina, will use reservoirs to store and generate electricity, supporting grid flexibility and renewable energy integration. The registration allows […]
Engie expands Intipampa solar plant to 91.7 MW in southern Peru
October 29, 2026
Engie Energía Perú has inaugurated a 51 MW expansion of its Intipampa solar plant in Moquegua, bringing total installed capacity to 91.7 MW. The expansion includes 88,101 photovoltaic panels and supporting electrical infrastructure to strengthen renewable energy supply in southern Peru. The government also announced the start of construction on the 140.8 MW Hanaqpampa solar […]
Brazil’s solar association proposes 8 GW energy storage target by 2030
October 29, 2026
Brazil’s solar energy association, Absolar, has proposed a target of 8 GW of large-scale battery storage by 2030, supported by annual capacity auctions, reduced battery taxes and new regulatory incentives. The association also calls for greater use of curtailed renewable electricity by data centers, green hydrogen projects and energy-intensive industries, alongside expanded solar-plus-storage access for […]
Walmart and Copec inaugurate Chile’s first green hydrogen refueling station for heavy-duty trucks
October 29, 2026
Walmart Chile and Copec have inaugurated Chile’s first hydrogen refueling station for heavy-duty trucks at Walmart’s distribution center in Quilicura. Developed through a public-private partnership with support from Corfo, the facility will supply green hydrogen to a two-truck pilot operated by Marval Clean Logistics. The trucks are expected to begin regular deliveries across the Metropolitan […]