Industry Analysis - Page 46 of 137

Aqualectra and Wärtsilä sign BESS agreement for Curaçao
May 31, 2024
Aqualectra and Wärtsilä have signed a Battery Energy Storage System agreement for Curaçao. The system is designed to optimize energy management, and ensure reliable, affordable, and sustainable energy for the island. Source: Curacao Chronicle
Fairfield Solar Plant commences operations in Grand Bahama
May 16, 2024
Lucayas Solar Power Ltd celebrated the inauguration of the Fairfield Solar Plant, one of two solar facilities in Grand Bahama. The projectt is financed by IDB Invest and underpinned by a power purchase agreement (PPA) with Grand Bahama Power Company Limited. Source: Caribbean Loop News
Casa dos Ventos to build 300 MW solar projects linked to Bahia wind complexes
May 16, 2024
Casa dos Ventos, a Brazilian developer, plans to commence construction on two solar projects totaling 300 MW by the end of the year. These projects, associated with existing wind complexes in Bahia, include Solar Babilônia Sul (100 MW) and Solar Babilônia Centro (200 MW). Source: PV Magazine LATAM
Andes Solar partners with CVC Energía for PV project in Peru
May 16, 2024
Andes Solar, a Chilean company, has announced a partnership with Peruvian distribution firm CVC Energía to construct its inaugural photovoltaic energy project in Peru. Source: PV Magazine LATAM
Nicaragua welcomes first solar plant with battery storage
May 16, 2024
The El Jaguar photovoltaic plant, a 16 MW solar facility located in Malpaisillo, Nicaragua, has begun supplying electricity to the national grid. It features nearly 40 bifacial solar panels along with a Battery Energy Storage System (BESS), making it the country’s first of its kind. Source: PV Magazine LATAM
Piaui signs MoUs with European companies for green hydrogen and solar projects
May 16, 2024
The government of Piaui, Brazil, announced that Governor Rafael Fonteles has signed two MoUs with French, Spanish, and German companies to develop green hydrogen and solar power generation projects. French company HDF Energy signed a solo MoU, while Spanish firm H2Greem Global Solutions and Germany’s Som Solar Outdoor Media signed a joint agreement. The MoUs […]
Eletrobras signs MoUs for renewable energy and green hydrogen production
May 16, 2024
Brazilian power distributor Eletrobras has signed two memorandums of understanding (MoUs) with the government of Ceara state and European company Green Energy Park (GEP). The agreement with Ceara focuses on developing projects at the Pecem Industrial and Port Complex (CIPP) to support energy transition, the decarbonization of the local economy, and the promotion of low-carbon […]
Colombia to receive US$700 million UAE investment after signing Cepa agreement
May 16, 2024
Colombia is set to receivean investments of between US$600 million and US$700 million from the UAE following the signing of the Comprehensive Economic Partnership Agreement (Cepa). This investment will support the development of key sectors like green hydrogen and the digital economy. Source: Business Orbital
South African company to invest US$2.5 billion in Peru’s first green hydrogen plant in Arequipa
May 16, 2024
Phelan Green Energy, a South African company, plans to invest US$2.5 billion in constructing Peru’s first green hydrogen production plant in Arequipa. Source: H2Peru