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LAC Renewables

  • 111 green hydrogen projects underway in Brazil with US$82 billion in investments, requiring 90 GW of renewable capacity

    July 31, 2025

    According to the consulting firm CELA, there are 111 ongoing green hydrogen and its derivative projects across 15 states in Brazil, totaling investments of approximately US$82 billion. These projects, which include green hydrogen, ammonia, e-methanol, and green steel, will require around 90 GW of new renewable energy capacity for fuel production. Source: PV Magazine LATAM

  • Paraguay presents national green hydrogen strategy at H2LAC

    July 31, 2025

    During the 5th Hydrogen Congress for Latin America and the Caribbean (H2LAC) in São Paulo, Paraguay’s Deputy Minister of Mines and Energy, Mauricio Bejarano, presented the National Strategy for the Green Hydrogen Economy. The roadmap outlines Paraguay’s plans to position itself in the green hydrogen industry, with a goal of reaching 1 GW in electrolysis […]

  • New initiative aims to strengthen Caribbean energy resilience against extreme weather events

    July 31, 2025

    A new initiative aims to strengthen Caribbean energy resilience in the face of increasingly severe weather events. The Inter-American Development Bank (IDB) estimates that upgrading the Caribbean’s power systems could generate US$4.3 billion in benefits over the next 20 years by reducing recovery costs after extreme weather. To address the challenges of funding, technology, and […]

  • EIB approves loan of up to US$135 million for Atome PLC’s green fertilizer project in Villeta, Paraguay

    July 31, 2025

    EIB has approved a loan of up to US$135 million for Atome PLC’s green fertilizer project in Villeta, Paraguay. The 145 MW hydrogen-to-ammonia facility will produce 260,000 tonnes of green fertilizer annually using renewable power from the Itaipu dam. The project, which has secured a renewable power purchase agreement, is expected to begin operations in […]

  • Acciona Energía launches 162.6 MWp Cotoperí Solar Complex in La Romana, Dominican Republic

    July 31, 2025

    Acciona Energía has launched the 162.6-MWp Cotoperí Solar complex in La Romana, Dominican Republic. The facility, consisting of three solar farms, will generate 286 GWh of electricity annually, enough to power around 166,000 households. It is now the largest photovoltaic installation in Central America and the Caribbean. Source: Renewables Now

  • Metlen Energy & Metals secures 15-Year PPA with Copec EMOAC for 450 GWh of solar power in Chile

    July 31, 2025

    Metlen Energy & Metals has secured a 15-year power purchase agreement (PPA) with Copec EMOAC to supply 450 GWh of electricity annually from four solar plants in Chile, starting in the second quarter of 2026. The project will be supported by 322 MW of battery energy storage systems (BESS) to ensure supply during evening and […]

  • Engie Chile begins construction of 306 MW Pampa Fidelia Wind Farm in Antofagasta region

    July 31, 2025

    Engie Chile has begun construction on the 306-MW Pampa Fidelia wind farm in the Antofagasta region. Once completed, the project will provide clean electricity to around 300,000 Chilean households. This development is part of Engie Chile’s plan to achieve 3.5 GW of installed capacity by 2027. Source: Renewables Now

  • Atlas Renewable Energy secures US$181 million financing for 505 MW Draco Solar Complex in Minas Gerais, Brazil

    July 31, 2025

    Atlas Renewable Energy has secured approximately US$ 181 million in financing from BNDES for the development of the 505 MW Draco Solar Complex in Minas Gerais, Brazil. The complex will consist of 11 photovoltaic plants, capable of powering around 569,000 homes, and is expected to begin operations in early 2026. The project also includes the […]

  • Puerto Rico’s grid operator uses tens of thousands of batteries to address energy shortfalls and power three million residents

    July 31, 2025

    Puerto Rico’s grid operator has successfully used tens of thousands of batteries across the island to address energy shortfalls and supply power to about three million residents. What began as a pilot program in 2023 has evolved into the first operational behind-the-meter virtual power plant in Latin America and the Caribbean, providing crucial support for […]

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