Industry Analysis - Page 31 of 141

Argentina’s El Quemado solar park project secures incentives under new large investment regime
November 7, 2024
The El Quemado photovoltaic solar park project, being developed by YPF Luz and Emesa in Mendoza, Argentina, will have a total capacity of 305 MW and is the first renewable energy project to be built under Argentina’s Large Investment Incentive Regime (RIGI). The first stage of the project, with a capacity of 200 MW, has […]
MOU signed to develop solar projects in Colombia’s Amazon
November 7, 2024
A memorandum of understanding has been signed by IDB Invest, DUE Capital and Services, BBVA, Bonus Gestión de Activos, and FDN to support the development of two solar projects in Colombia’s Amazon region. The Centenario and Matakavi solar plants, which will include battery storage, aim to provide 24/7 clean energy to local communities, reduce reliance […]
Mexico’s solar program expands access to electricity for off-grid rural families
November 7, 2024
The Autonomous Photovoltaic Systems Program in Rural Communities, led by the Ministry of Environment and Sustainable Development (SMAyDS) and the State Institute of Energy and Climate Change (IEECC), is providing solar kits to off-grid families in Mexico. Already implemented in over 600 homes, the program will expand to 521 more homes in marginalized areas, benefiting […]
Enel Colombia to invest nearly US$2.1 billion in Colombia’s energy transition
November 7, 2024
Enel Colombia will invest nearly US$2.1 billion in the coming years to support Colombia’s energy transition. During discussions of the investment, Colombian President Gustavo Petro and Enel executives emphasized the commitment to a clean and secure energy supply for the country. Source: PV Magazine LATAM
Ecuador approves law to promote renewable energy to address ongoing energy crisis
November 7, 2024
Ecuador’s National Assembly has approved the Organic Law Project to Promote Private Initiative in Energy Generation, aimed at addressing the ongoing energy crisis by encouraging renewable energy solutions and private investment. Source: PV Magazine LATAM
Uruguay to launch first green hydrogen plant by 2026
November 7, 2024
A group of companies in Uruguay, including Ventus, Montes del Plata, Fraylog, and Fidocar, plans to commission the country’s first green hydrogen plant by 2026. The Kahiros project will use a 2 MW electrolyser powered by a 4.8 MW solar farm to produce green hydrogen for six Hyundai fuel-cell trucks transporting timber. Source: Renewables Now
Verano Energy starts construction on 200 MW solar farm in Argentina
November 7, 2024
Verano Energy has begun construction on a 200 MW solar farm in Mendoza, Argentina. The San Rafael solar farm is slated for completion by the end of 2025, with Verano Energy partnering with a leading local renewable energy company to secure interconnection. Source: Renewables Now
BNDES approves US$6.6 million loan to boost biomethane production
November 7, 2024
The Brazilian Development Bank (BNDES) has approved a loan of US$6.6 million to expand biomethane and biogas production at Geo Biogas&Carbon’s Tamboara facility in Parana. Once the project is complete, most of the biogas will be converted to biomethane for additional energy generation. Source: Renewables Now
Enel Chile launches 67 MW BESS system in Santiago
November 7, 2024
Enel Chile will soon begin commercial operations of the 67 MW El Manzano battery energy storage system (BESS) in the Santiago Metropolitan Region. This finalizes Enel Chile’s first energy cluster in the capital region, combining the BESS with a nearby solar farm. Source: PV Magazine LATAM