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LAC Energy

  • Engie Chile launches 68 MW Tamaya BESS to power 50,800 homes

    February 6, 2025

    Engie Chile has received approval to begin commercial operations for the 68 MW Tamaya BESS storage system in Tocopilla, Antofagasta. The battery storage will supply clean energy to 50,800 homes during peak demand hours, supporting Chile’s renewable energy transition. Source: PV Magazine LATAM

  • Ignis to invest US$1.5 billion in Peru’s solar and wind energy expansion

    February 6, 2025

    Spanish company Ignis plans to invest US$1.5 billion in solar and wind projects across Peru between 2025 and 2028, adding 1,469 MW to the National Interconnected Electrical System (SEIN). The six renewable projects include four wind-solar hybrid plants and two standalone solar plants, Alba and Blanca, each 200 MW in Arequipa. Source: PV Magazine LATAM

  • Kallpa Generación issues US$500 million bond to fund solar project and refinancing

    February 6, 2025

    Peruvian power company Kallpa Generación has issued US$500 million in international bonds to help finance its 309 MW Sunny solar project in Arequipa and refinance its US$350 million Kallpa 2026 bond. Source: PV Magazine LATAM

  • Chile reviews US$879 million in solar and battery storage projects

    February 6, 2025

    Six energy projects featuring solar and battery storage have been submitted to Chile’s Environmental Impact Assessment Service (SEIA). The proposals include 155.34 MW of solar capacity and over 1 GW of battery storage (BESS), with a total investment of US$879.16 million. Source: PV Magazine LATAM

  • Brazil launches energy transition program to boost renewables and sustainability

    February 6, 2025

    The Brazilian government has established the Energy Transition Acceleration Program (Paten) to promote sustainability and renewable energy adoption. The program includes a Green Fund, managed by BNDES, allowing companies to use federal receivables as collateral to finance low-carbon projects. Paten also supports energy infrastructure modernization, carbon capture research, and workforce training, positioning Brazil as a […]

  • Enel Green Power starts operation at 611 MW solar complex

    February 6, 2025

    Enel Green Power has commenced full commercial operations of its 611 MW Arinos Solar Complex in Minas Gerais, Brazil. Source: Renewables Now

  • Niko Energy secures US$23 million to expand decentralized solar solutions in Mexico

    February 6, 2025

    Mexican solar start-up Niko Energy has raised US$23 million in debt and equity to expand decentralized energy solutions across Mexico. The funding includes US$8 million in equity from QED Investors, Picus Capital, 468 Capital, and Bridge Latam, along with US$15 million in debt financing from local investors. Source: Renewables Now

  • UCB Power secures US$35 million from IDB Invest to boost battery production in Brazil

    February 6, 2025

    UCB Power has secured US$35 million in financing from IDB Invest to expand Brazil’s battery production sector. The package includes a US$25 million loan to increase production capacity in Amazonas and Minas Gerais and a US$10 million credit line to improve import capabilities. Source: Renewables Now

  • Belize unveils US$58.4 million energy storage project

    February 6, 2025

    Belize has launched a US$58.4 million project to deploy 40 MW of energy storage across four sites, supported by the World Bank and the Government of Canada. Source: Renewables Now

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