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Latin America & Caribbean

  • ATOME secures US$665 million financing for world’s first industrial-scale green fertiliser plant

    April 30, 2026

    ATOME has reached final investment decision (FID) for the Villeta project, the world’s first industrial-scale green fertiliser plant, with production expected by or before October 2029. The US$665 million project is backed by a mix of international development finance institutions and equity investors, including IFC, IDB Invest, Hy24, and others. Source: FuelCellsWorks

  • Chile approves Korkia substation for 280 MW solar and 1,240 MWh storage project

    April 30, 2026

    Korkia has received regulatory approval in Chile to develop a new substation for its Terrazas hybrid energy project, which will combine a 280 MW solar plant with a 1,240 MWh battery storage system in the Coquimbo region. The infrastructure is expected to support both the project and future expansion, including potential third-party use. Source: Renewables […]

  • Limes advances Chile expansion with three energy storage and solar project approvals

    April 30, 2026

    Between November 2025 and April 2026, Limes secured three environmental approvals in Chile for Pradera Larga (84 MWp solar plus 90 MW BESS), BESS Huañil (200 MW), and BESS Ganso (150 MW), marking a key milestone in its Latin America expansion. The company is advancing a broader Chilean pipeline of about 180 MWp of solar […]

  • Colombia launches long-term power auction to stabilize prices and boost renewable energy procurement

    April 30, 2026

    Colombia has launched a new long-term electricity auction offering 15-year pay-as-bid contracts starting in 2030 to reduce price volatility and address expected power supply gaps. The auction includes multiple contract profiles for different generation technologies, including wind, solar, biomass, geothermal, and small hydro, targeting both new and existing projects of 5 MW and above. Source: […]

  • Cox completes US$4 billion acquisition of Iberdrola México

    April 30, 2026

    Cox has completed a US$4 billion acquisition of Iberdrola México. The deal adds 2,600 MW of operating capacity and a renewable development pipeline of around 12,000 MW to its portfolio, making Cox the largest private electricity supplier in Mexico. The acquired portfolio includes combined-cycle, co-generation, wind, and solar assets across multiple Mexican states. Source: PV […]

  • COFIDES provides US$40 million financing for Peru’s 396 MW Illa solar project in Arequipa

    April 30, 2026

    Spain’s COFIDES is providing US$40 million in financing for the 396 MW Illa solar project in Peru’s Arequipa region. The Illa solar plant, expected to be completed in 2026, is Peru’s largest planned solar facility and has already created over 600 jobs during development. Source: PV Magazine LATAM

  • Peru grants Zelestra easement for 242 MW Babilonia solar transmission line

    April 30, 2026

    Zelestra has secured a permanent easement from Peru’s Ministry of Energy and Mines for the transmission infrastructure linked to its 242 MWdc Babilonia solar project in the La Joya district of Arequipa. The approval allows construction of a 7.66 km, 220 kV transmission line connecting the Babilonia and San José substations. Source: PV Magazine LATAM

  • Paraguay advances 10 MW solar and battery project in Boquerón to strengthen grid reliability

    April 30, 2026

    Paraguay is advancing a 10 MW solar project with battery storage in the Boquerón department through a partnership between ANDE, the Ministry of Public Works and Communications, and the municipality of Mariscal José Félix Estigarribia. The project will improve electricity reliability in the remote Paraguayan Chaco and includes grid upgrades and supporting road infrastructure. Source: […]

  • Cuba expands EV charging network with solar-powered stations across major provinces

    April 30, 2026

    Dongfeng Cuba is deploying a new electric vehicle charging network across multiple Cuban provinces, incorporating PV systems to support on-site power generation. The stations will be installed along key transport corridors and in major cities, including Havana, Varadero, Camagüey, Holguín, and Santiago de Cuba. Source: PV Magazine LATAM

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